Sensient Technologies Corporation (SXT)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	93,394	128,348	132,853	137,467	140,887	138,995	136,859	124,148	118,745	116,685	115,683	120,367	109,472	67,341	66,302	70,013	82,047	131,859	147,181	151,973
Revenue (ttm)	US$ in thousands	1,430,648	1,432,436	1,432,305	1,432,967	1,422,547	1,416,171	1,400,017	1,363,899	1,367,431	1,361,130	1,339,949	1,326,926	1,317,174	1,299,821	1,292,466	1,306,970	1,302,766	1,308,327	1,332,940	1,356,440
Net profit margin		6.53%	8.96%	9.28%	9.59%	9.90%	9.81%	9.78%	9.10%	8.68%	8.57%	8.63%	9.07%	8.31%	5.18%	5.13%	5.36%	6.30%	10.08%	11.04%	11.20%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $93,394K ÷ $1,430,648K
= 6.53%

The net profit margin of Sensient Technologies Corp. has shown some variability over the past eight quarters. In Q4 2022, the net profit margin was 9.80%, indicating that the company generated approximately $0.098 in profit for every dollar of revenue. Subsequently, the net profit margin decreased to 9.73% in Q3 2022 and then fluctuated between 9.02% and 9.48% in the following quarters of 2023. The lowest net profit margin recorded was 6.41% in Q4 2023, suggesting a slight decrease in profitability. Overall, while the net profit margin has experienced fluctuations, it has generally remained above 9% over the analyzed period, indicating that Sensient Technologies Corp. has managed to maintain a relatively healthy level of profitability relative to its revenue.