NCR Voyix Corporation (VYX)
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 | -423,000 | -121,000 | 77,000 | 101,000 | 60,000 | 140,000 | 83,000 | 33,000 | 97,000 | -164,000 | -145,000 | -72,000 | -79,000 | 461,000 | 520,000 | 544,000 | 558,000 | 155,000 | 137,000 | -108,000 |
| Revenue (ttm) | US$ in thousands | 6,589,000 | 7,570,000 | 7,531,000 | 7,566,000 | 7,558,000 | 7,865,000 | 7,767,000 | 7,454,000 | 7,156,000 | 6,536,000 | 6,332,000 | 6,203,000 | 6,207,000 | 6,462,000 | 6,656,000 | 6,882,000 | 6,915,000 | 6,830,000 | 6,597,000 | 6,424,000 |
| Net profit margin | -6.42% | -1.60% | 1.02% | 1.33% | 0.79% | 1.78% | 1.07% | 0.44% | 1.36% | -2.51% | -2.29% | -1.16% | -1.27% | 7.13% | 7.81% | 7.90% | 8.07% | 2.27% | 2.08% | -1.68% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-423,000K ÷ $6,589,000K
= -6.42%
The net profit margin of NCR Voyix Corporation has exhibited fluctuations over the past few quarters. From December 2019 to June 2020, the net profit margins ranged from 2.08% to 8.07%, indicating a relatively stable and healthy profitability level during this period. However, in the subsequent quarters, the net profit margin declined significantly, reaching negative figures in some quarters, notably in March 2021 and December 2021.
The company experienced a significant improvement in profitability in the second half of 2022, with net profit margins ranging from 0.79% to 1.78%, indicating a rebound in profitability levels. However, this positive trend was short-lived as the net profit margin turned negative again in December 2023, reflecting a decline in profitability.
Overall, the net profit margin trend suggests that NCR Voyix Corporation has been facing challenges in maintaining consistent profitability, with periods of both positive and negative profit margins. Further analysis of the company's operating expenses, revenue streams, and cost management strategies would be necessary to understand the factors contributing to these fluctuations in net profit margin.