Visteon Corp (VC)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 274,000 | 518,000 | 545,000 | 494,000 | 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 |
Revenue (ttm) | US$ in thousands | 3,866,000 | 3,917,000 | 3,951,000 | 3,920,000 | 3,954,000 | 4,028,000 | 4,040,000 | 3,905,000 | 3,756,000 | 3,478,000 | 3,083,000 | 2,845,000 | 2,773,000 | 2,774,000 | 2,890,000 | 2,651,000 | 2,548,000 | 2,505,000 | 2,489,000 | 2,851,000 |
Net profit margin | 7.09% | 13.22% | 13.79% | 12.60% | 12.29% | 3.82% | 3.27% | 3.48% | 3.30% | 3.48% | 2.66% | 1.65% | 1.48% | 1.01% | 1.00% | -0.19% | -2.20% | -1.56% | -1.25% | 0.74% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $274,000K ÷ $3,866,000K
= 7.09%
Net profit margin is a key profitability ratio that indicates the percentage of revenue that translates into net income after all expenses are deducted. Looking at the data provided, Visteon Corp's net profit margin has shown fluctuations over the quarters.
For the period from March 31, 2020, to December 31, 2022, the company's net profit margin ranged between negative values, indicating that Visteon was experiencing losses or struggling to generate significant profits. However, starting from March 31, 2023, the net profit margin began to improve steadily, increasing to 3.48% by September 30, 2023.
The improvement continued into the following quarters, with the net profit margin reaching double-digit percentages at the end of 2023 and the first half of 2024. This significant increase in profitability suggests that Visteon Corp implemented effective cost management strategies, increased revenue generation, or perhaps realized certain one-time gains.
However, there was a noticeable decline in the net profit margin to 7.09% by the end of December 31, 2024, which could indicate various factors such as increased expenses, changes in revenue, or other financial events impacting the company's profitability. Further analysis would be required to understand the specific reasons behind this change in performance.
Peer comparison
Dec 31, 2024