Valvoline Inc (VVV)
Net profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 211,500 | 168,100 | 183,800 | 1,369,700 | 1,419,700 | 1,528,500 | 1,565,100 | 419,200 | 424,300 | 435,500 | 434,200 | 420,600 | 420,300 | 373,400 | 335,500 | 330,700 | 317,000 | 222,000 | 228,000 | 228,000 |
| Revenue (ttm) | US$ in thousands | 1,659,000 | 1,570,900 | 1,525,700 | 1,481,500 | 1,440,900 | 1,388,900 | 1,969,700 | 2,511,200 | 3,036,400 | 2,996,200 | 2,831,200 | 2,646,200 | 2,441,200 | 2,798,000 | 2,522,000 | 2,400,000 | 2,354,000 | 2,331,000 | 2,428,000 | 2,440,000 |
| Net profit margin | 12.75% | 10.70% | 12.05% | 92.45% | 98.53% | 110.05% | 79.46% | 16.69% | 13.97% | 14.54% | 15.34% | 15.89% | 17.22% | 13.35% | 13.30% | 13.78% | 13.47% | 9.52% | 9.39% | 9.34% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $211,500K ÷ $1,659,000K
= 12.75%
Valvoline Inc's net profit margin has shown fluctuation over the periods analyzed. The net profit margin is a measure of how much of each dollar of revenue translates into profit after all expenses are accounted for. In the most recent period, ending September 30, 2024, the net profit margin was 12.75%, indicating that 12.75 cents of every dollar of revenue generated by the company is profit.
Looking at the trend over the past few quarters, the net profit margin peaked at exceptionally high levels in the fourth quarter of 2023 and the first quarter of 2023, at 92.45% and 98.53% respectively. These unusually high margins may have been influenced by certain non-recurring factors, such as significant one-time gains or reduced operating expenses.
Subsequent quarters saw a decline in the net profit margin, returning to more usual levels. The company's profitability, as measured by the net profit margin, has generally remained within the range of around 10% to 17% over the periods observed, with slight variations each quarter.
Overall, while the net profit margin has fluctuated, it indicates that Valvoline Inc has been able to generate consistent profits relative to its revenue, although it is essential to investigate the underlying factors driving the fluctuations in the net profit margin to assess the company's financial performance accurately.
Peer comparison
Sep 30, 2024