Tempur Sealy International Inc (TPX)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 368,100 | 455,700 | 624,500 | 348,800 | 189,500 |
| Revenue | US$ in thousands | 4,925,400 | 4,921,200 | 4,930,800 | 3,676,900 | 3,106,000 |
| Net profit margin | 7.47% | 9.26% | 12.67% | 9.49% | 6.10% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $368,100K ÷ $4,925,400K
= 7.47%
The net profit margin of Tempur Sealy International Inc has exhibited some fluctuations over the past five years. In 2023, the net profit margin was 7.47%, down from 9.26% in 2022. This decline suggests that the company's profitability relative to its revenue decreased in 2023 compared to the previous year.
Looking further back, the net profit margin was at its highest in 2021 at 12.67%, indicating a strong profitability level that year. However, there was a slight drop to 9.49% in 2020. The lowest net profit margin in the past five years was in 2019, at 6.10%.
Overall, the trend indicates some volatility in Tempur Sealy International Inc's net profit margin, with fluctuations in profitability levels over the past five years. Further analysis of the company's financial performance and operations may be necessary to understand the factors contributing to these changes.
Peer comparison
Dec 31, 2023