Visteon Corp (VC)
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 | 486,000 | 154,000 | 132,000 | 136,000 | 124,000 | 121,000 | 82,000 | 47,000 | 41,000 | 28,000 | 29,000 | -5,000 | -56,000 | -39,000 | -31,000 | 21,000 | 70,000 | 78,000 | 85,000 | 113,000 |
| Revenue (ttm) | US$ in thousands | 3,954,000 | 4,022,000 | 4,036,000 | 3,902,000 | 3,756,000 | 3,478,000 | 3,083,000 | 2,846,000 | 2,774,000 | 2,768,000 | 2,886,000 | 2,649,000 | 2,548,000 | 2,505,000 | 2,489,000 | 2,851,000 | 2,945,000 | 2,932,000 | 2,882,000 | 2,907,000 |
| Net profit margin | 12.29% | 3.83% | 3.27% | 3.49% | 3.30% | 3.48% | 2.66% | 1.65% | 1.48% | 1.01% | 1.00% | -0.19% | -2.20% | -1.56% | -1.25% | 0.74% | 2.38% | 2.66% | 2.95% | 3.89% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $486,000K ÷ $3,954,000K
= 12.29%
The net profit margin of Visteon Corp. has shown fluctuations over the past eight quarters. In Q4 2023, the net profit margin stood at 12.29%, a significant increase from the previous quarter where it was 3.82%. This marked improvement indicates that the company might have achieved higher profitability during this period, possibly due to increased revenue generation or effective cost management.
Comparing Q4 2023 to the same quarter in the previous year, when the net profit margin was 3.30%, there is a notable improvement. This suggests that Visteon Corp. has potentially enhanced its operational efficiency and financial performance over the year.
Although the net profit margin in Q4 2023 is higher compared to previous quarters, it is important to monitor future trends to assess the sustainability of this increase. Overall, the upward trend seen in the net profit margin of Visteon Corp. in the most recent quarter signals positive financial performance, but it should be analyzed in conjunction with other financial metrics for a comprehensive assessment of the company's profitability.
Peer comparison
Dec 31, 2023