Xylem Inc (XYL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 609,000 | 355,000 | 427,000 | 254,000 | 401,000 |
| Revenue | US$ in thousands | 7,364,000 | 5,522,000 | 5,195,000 | 4,876,000 | 5,249,000 |
| Net profit margin | 8.27% | 6.43% | 8.22% | 5.21% | 7.64% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $609,000K ÷ $7,364,000K
= 8.27%
The net profit margin of Xylem Inc has shown fluctuations over the past five years, ranging from 5.21% in 2020 to 8.27% in 2023. The company experienced a significant increase in net profit margin in 2023 compared to the previous year, reaching 8.27%, indicating that the company was able to generate a higher percentage of profit from its revenue. This improvement suggests that Xylem Inc may have implemented strategies to enhance operational efficiency and manage costs effectively. Overall, the trend in net profit margin reflects the company's ability to generate profits relative to its revenue, with 2023 showing a notable improvement compared to previous years.
Peer comparison
Dec 31, 2023