Valvoline Inc (VVV)
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 | 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 | 208,000 | 226,000 | 225,000 |
| Revenue (ttm) | US$ in thousands | 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 | 2,390,000 | 2,355,000 | 2,319,000 |
| Net profit margin | 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% | 8.70% | 9.60% | 9.70% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,369,700K ÷ $1,481,500K
= 92.45%
The net profit margin of Valvoline Inc has shown significant fluctuations over the past few quarters. In Q1 2024, the net profit margin was 92.29%, which decreased from 98.35% in Q4 2023. There was no reported net profit margin for Q3 2023. Notably, in Q2 2023, the net profit margin spiked significantly to 924.14%, which was a drastic increase from the previous quarters. This could indicate a one-time event or anomaly affecting profits in that period. In Q1 2023, the net profit margin was 58.97%, followed by a drop to 34.33% in Q4 2022. The lowest net profit margin reported in recent quarters was in Q3 2022 at 12.30%, followed by a slight uptick to 12.84% in Q2 2022. Overall, the fluctuations in the net profit margin suggest varying levels of profitability and efficiency in generating profits for Valvoline Inc in recent quarters.
Peer comparison
Dec 31, 2023