Wolverine World Wide Inc (WWW)
Net profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 47,600 | -68,200 | -83,200 | -73,400 | -39,600 | -309,200 | -279,600 | -179,000 | -188,300 | 157,900 | 128,100 | 48,200 | 77,000 | -79,100 | -65,100 | -111,400 | -136,900 | 32,900 | 59,200 | 101,000 |
| Revenue (ttm) | US$ in thousands | 1,755,000 | 1,787,000 | 1,874,500 | 2,038,400 | 2,242,900 | 2,381,200 | 2,544,900 | 2,669,400 | 2,684,800 | 2,655,400 | 2,600,700 | 2,519,000 | 2,414,900 | 2,288,900 | 2,145,300 | 1,862,500 | 1,791,100 | 1,888,900 | 1,970,100 | 2,189,600 |
| Net profit margin | 2.71% | -3.82% | -4.44% | -3.60% | -1.77% | -12.99% | -10.99% | -6.71% | -7.01% | 5.95% | 4.93% | 1.91% | 3.19% | -3.46% | -3.03% | -5.98% | -7.64% | 1.74% | 3.00% | 4.61% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $47,600K ÷ $1,755,000K
= 2.71%
The net profit margin of Wolverine World Wide Inc has shown significant fluctuations over the past few years, ranging from positive to negative values. The net profit margin provides insights into the company's profitability by indicating the percentage of revenue that translates into profit after all expenses have been deducted.
The net profit margin was positive in the initial periods, reaching a high of 5.95% as of September 30, 2022. However, the margin took a sharp decline in the following quarters, turning negative in the second half of 2022 and remaining negative through most of 2023 and the first half of 2024.
The negative net profit margins indicate that Wolverine World Wide Inc experienced losses during these periods, meaning that the company's expenses exceeded its revenue. It is crucial for the company to closely monitor and control its costs, improve operational efficiency, and drive revenue growth to enhance profitability and return to positive net profit margins.
The positive net profit margin of 2.71% as of December 31, 2024, suggests a potential improvement in the company's profitability compared to the preceding quarters. Continued focus on cost management, revenue generation, and strategic decision-making will be essential for Wolverine World Wide Inc to sustainably increase its net profit margin and overall financial performance.
Peer comparison
Dec 31, 2024