Valvoline Inc (VVV)
Net profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 211,500 | 1,419,700 | 424,300 | 420,300 | 316,600 |
Revenue | US$ in thousands | 1,653,900 | 1,440,900 | 1,232,700 | 2,945,000 | 2,375,000 |
Net profit margin | 12.79% | 98.53% | 34.42% | 14.27% | 13.33% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $211,500K ÷ $1,653,900K
= 12.79%
The net profit margin of Valvoline Inc has displayed significant fluctuations over the past five years. The company's net profit margin was notably high in September 2023, reaching 98.53%, but it experienced a sharp decrease in the following year to 34.42%. Subsequently, in September 2024, the net profit margin further declined to 12.79%. While the margins in 2020 and 2021 were relatively stable at 13.33% and 14.27% respectively, the recent decrease in 2024 suggests a reduction in profitability compared to the previous years. Further analysis may be needed to understand the factors contributing to these fluctuations and assess the company's financial performance more comprehensively.
Peer comparison
Sep 30, 2024