Wolverine World Wide Inc (WWW)
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 | -39,600 | -310,000 | -279,600 | -179,000 | -188,300 | 158,700 | 119,700 | 39,800 | 68,600 | -87,500 | -65,100 | -111,400 | -136,900 | 32,900 | 59,200 | 101,000 | 128,500 | 168,700 | 178,800 | 193,900 |
| Revenue (ttm) | US$ in thousands | 2,179,400 | 2,287,700 | 2,455,100 | 2,586,000 | 2,599,900 | 2,659,500 | 2,607,200 | 2,525,300 | 2,414,900 | 2,292,400 | 2,145,300 | 1,861,300 | 1,790,000 | 1,882,000 | 1,966,600 | 2,188,800 | 2,273,700 | 2,243,100 | 2,229,800 | 2,229,100 |
| Net profit margin | -1.82% | -13.55% | -11.39% | -6.92% | -7.24% | 5.97% | 4.59% | 1.58% | 2.84% | -3.82% | -3.03% | -5.99% | -7.65% | 1.75% | 3.01% | 4.61% | 5.65% | 7.52% | 8.02% | 8.70% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-39,600K ÷ $2,179,400K
= -1.82%
The net profit margin of Wolverine World Wide Inc has shown fluctuations over the past few quarters. The margin was negative in the most recent quarter, indicating that the company had a net loss relative to its revenue. This negative trend continued from the previous quarter, where the net profit margin was also negative.
Looking back further, the company experienced a positive net profit margin in the quarters before the recent ones, with margins ranging from 1.58% to 8.70%. This suggests that the company had been profitable and generating earnings relative to its revenue during those periods.
The recent decrease in net profit margin could be a cause for concern as it indicates a lower level of profitability compared to previous periods. It would be important for Wolverine World Wide Inc to analyze the factors contributing to this decline and take necessary steps to improve its profitability and financial performance in the future.
Peer comparison
Dec 31, 2023