Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $9,385 | $10,589 | $9,459 | $8,133 | $7,582 |
| Gross Profit | $3,079 | $3,296 | $2,834 | $2,353 | $2,548 |
| Operating Income | -$634 | $946 | $312 | -$85 | $67 |
| Net Income | -$770 | $572 | $197 | -$388 | -$216 |
Over the five-year period, Newell Brands exhibited notable fluctuations across its key financial metrics. Revenue peaked in 2021 at USD 10,589 million—a roughly 13% increase from 2020’s USD 9,385 million—but then experienced a steady decline, falling by approximately 11% to USD 9,459 million in 2022, and dropping further to USD 8,133 million in 2023 before reaching USD 7,582 million in 2024. Gross profit followed a similar pattern; after climbing from USD 3,079 million in 2020 to USD 3,296 million in 2021, it dipped to USD 2,834 million in 2022 and USD 2,353 million in 2023, with a slight recovery to USD 2,548 million in 2024. This suggests that while the company was able to improve efficiency or pricing in 2021, subsequent market pressures may have eroded its profitability margins despite modest gains later. The operating income metric presents some of the most significant year-over-year swings. After a challenging 2020, during which the company reported an operating loss of USD 634 million, there was a substantial turnaround in 2021 with an operating income of USD 946 million. However, this positive momentum reversed dramatically in 2022, when operating income fell sharply to USD 312 million—a decline of over 67%—and further dipped into negative territory in 2023 (USD -85 million), before a marginal recovery to USD 67 million in 2024. Net income mirrors this volatility, transitioning from losses in 2020 (USD -770 million) to a recovery in 2021 (USD 572 million), then deteriorating to USD 197 million in 2022 and returning to losses in 2023 (USD -388 million) and 2024 (USD -216 million). Given Newell Brands’ competitive position in the consumer goods and home products industry, these fluctuations likely reflect pressures from market conditions, pricing challenges, and operational adjustments. Overall, while the brief recovery in 2021 demonstrated the company’s capacity for operational turnaround, the subsequent declines and volatility in core profitability metrics suggest ongoing challenges to sustaining healthy margins and consistent growth.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.