Woodward Inc (WWD)
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 | 372,971 | 372,327 | 354,851 | 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 |
| Revenue (ttm) | US$ in thousands | 3,311,919 | 3,214,747 | 3,156,401 | 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 |
| Net profit margin | 11.26% | 11.58% | 11.24% | 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% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $372,971K ÷ $3,311,919K
= 11.26%
Woodward Inc's net profit margin has shown a generally positive trend over the past few quarters. The net profit margin, which represents the percentage of revenue that translates into profit after accounting for all expenses, has been gradually increasing from 8.98% in March 2020 to 11.58% in June 2024.
This improvement indicates the company's ability to control costs and generate more profit from its revenue. However, there was a slight dip in the net profit margin in December 2023 compared to the previous quarter, but it rebounded in the following quarters.
Overall, Woodward Inc's net profit margin has been relatively healthy and has shown a positive trajectory, suggesting efficient cost management and potentially increasing profitability over the analyzed period. The upward trend in the net profit margin reflects positively on the company's financial performance.