Treehouse Foods Inc (THS)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 53,100 | -146,300 | -12,500 | 13,800 | -361,000 |
| Revenue | US$ in thousands | 3,431,600 | 3,454,000 | 2,945,900 | 2,994,300 | 4,288,900 |
| Net profit margin | 1.55% | -4.24% | -0.42% | 0.46% | -8.42% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $53,100K ÷ $3,431,600K
= 1.55%
Treehouse Foods Inc's net profit margin has varied over the past five years. In 2023, the net profit margin improved to 1.55%, indicating that the company generated $1.55 in net profit for every $100 in revenue. This is a positive sign of efficiency and profitability compared to previous years. In 2022, the net profit margin was negative at -4.24%, suggesting that the company incurred losses, which is a concerning indicator.
In 2021, the net profit margin was slightly negative at -0.29%, but it improved compared to 2020, where the margin was 0.32%. The significant drop in net profit margin in 2019 to -8.42% highlights a period of financial struggle for the company.
Overall, analyzing the trend of Treehouse Foods Inc's net profit margin reveals fluctuations in profitability over the years, indicating the company's varying ability to generate profits relative to its revenue. Continued monitoring and potential strategies to improve profitability are important for long-term financial sustainability.
Peer comparison
Dec 31, 2023