Woodward Inc (WWD)
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 | 292,806 | 232,368 | 203,757 | 158,604 | 170,999 | 171,698 | 167,562 | 176,977 | 197,384 | 208,649 | 215,983 | 205,587 | 228,592 | 240,395 | 249,952 | 277,594 | 263,855 | 259,602 | 267,318 | 250,328 |
| Revenue (ttm) | US$ in thousands | 3,033,346 | 2,865,507 | 2,731,573 | 2,548,442 | 2,427,467 | 2,353,549 | 2,281,598 | 2,224,172 | 2,218,179 | 2,214,167 | 2,184,932 | 2,152,575 | 2,292,043 | 2,474,487 | 2,679,760 | 2,904,004 | 2,938,143 | 2,866,041 | 2,848,863 | 2,687,895 |
| Net profit margin | 9.65% | 8.11% | 7.46% | 6.22% | 7.04% | 7.30% | 7.34% | 7.96% | 8.90% | 9.42% | 9.89% | 9.55% | 9.97% | 9.71% | 9.33% | 9.56% | 8.98% | 9.06% | 9.38% | 9.31% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $292,806K ÷ $3,033,346K
= 9.65%
Woodward Inc's net profit margin has shown fluctuations over the past eight quarters, ranging from 6.12% to 9.50%. The net profit margin measures the company's profitability by indicating the percentage of revenue that translates into profit.
In Q1 2024, Woodward Inc achieved a net profit margin of 9.50%, representing a significant increase from the previous quarter's 7.97%. This indicates that the company was able to convert a higher proportion of its revenue into profit during this period.
On the other hand, in Q2 2023, Woodward Inc's net profit margin decreased to 6.12%, marking a notable decline from the previous quarter's 7.34%. This suggests that the company faced challenges in controlling costs or generating sufficient revenue to maintain profitability during this quarter.
Overall, Woodward Inc's net profit margin has shown variability, with some quarters demonstrating stronger profitability than others. It is important for the company to consistently monitor and manage its expenses and revenue generation strategies to ensure sustainable profitability in the long term.