Treehouse Foods Inc (THS)
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 | 53,100 | 22,200 | -75,400 | -128,100 | -146,300 | -152,000 | -54,800 | -17,000 | -12,500 | 51,000 | 56,400 | 46,500 | 13,800 | -5,100 | -195,000 | -365,300 | -361,000 | -390,400 | -210,000 | -57,700 |
| Revenue (ttm) | US$ in thousands | 3,512,500 | 3,723,700 | 3,693,300 | 3,659,900 | 3,537,700 | 3,232,000 | 3,150,800 | 3,279,600 | 3,500,200 | 2,763,200 | 3,057,200 | 3,160,100 | 3,251,800 | 4,312,000 | 4,323,600 | 4,307,000 | 4,288,900 | 4,630,500 | 4,967,200 | 5,397,700 |
| Net profit margin | 1.51% | 0.60% | -2.04% | -3.50% | -4.14% | -4.70% | -1.74% | -0.52% | -0.36% | 1.85% | 1.84% | 1.47% | 0.42% | -0.12% | -4.51% | -8.48% | -8.42% | -8.43% | -4.23% | -1.07% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $53,100K ÷ $3,512,500K
= 1.51%
The net profit margin for Treehouse Foods Inc has displayed fluctuations over the past eight quarters. In Q4 2023, the net profit margin increased to 1.55%, showing an improvement over the previous quarter's margin of 0.78%. This indicates that the company was able to generate a higher percentage of profit relative to its revenue in the most recent quarter.
Looking back at Q2 2023 and Q1 2023, the net profit margin was negative at -2.64% and -3.99% respectively. This suggests that the company experienced losses in those quarters, with expenses outpacing revenue. It is worth noting that the net profit margin improved gradually from negative figures in earlier quarters to positive figures in more recent quarters.
Comparing the current Q4 2023 net profit margin to the same quarter last year (Q4 2022) which was at -4.24%, there has been a significant turnaround. This improvement in profitability may be attributable to various factors such as cost-cutting measures, revenue growth, or operational efficiencies implemented by the company.
Overall, the positive trend in net profit margins seen in the recent quarters signifies a potential enhancement in Treehouse Foods Inc's financial performance and operational effectiveness. However, it is important for investors and stakeholders to continue monitoring these metrics to ensure sustained profitability and long-term viability of the company.
Peer comparison
Dec 31, 2023