ANGI Homeservices Inc (ANGI)
Net profit margin
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 52,741 | 36,004 | 31,733 | -8,784 | -27,243 | -40,612 | -88,312 | -100,395 | -109,693 | -127,980 | -100,744 | -100,300 | -106,596 | -71,378 | -59,821 | -38,354 | 4,606 | -6,283 | 8,074 | 21,601 |
| Revenue (ttm) | US$ in thousands | 1,125,635 | 1,185,112 | 1,217,676 | 1,292,794 | 1,352,728 | 1,439,745 | 1,580,858 | 1,707,057 | 1,847,771 | 1,891,523 | 1,865,833 | 1,829,362 | 1,734,568 | 1,685,438 | 1,628,883 | 1,557,231 | 1,511,304 | 1,467,925 | 1,430,132 | 1,397,577 |
| Net profit margin | 4.69% | 3.04% | 2.61% | -0.68% | -2.01% | -2.82% | -5.59% | -5.88% | -5.94% | -6.77% | -5.40% | -5.48% | -6.15% | -4.23% | -3.67% | -2.46% | 0.30% | -0.43% | 0.56% | 1.55% |
March 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $52,741K ÷ $1,125,635K
= 4.69%
The net profit margin of ANGI Homeservices Inc has experienced notable fluctuations over the analyzed period, reflecting a transition from profitability to consistent losses, and subsequently towards improving profitability.
Initially, in June 2020, the net profit margin stood at 1.55%, indicating a modest profit margin at that time. However, by September 2020, this margin had dramatically decreased to 0.56%, and continued to decline into negative territory, reaching -0.43% by the end of 2020. The early months of 2021 saw a slight recovery with a margin of 0.30% in March, but this was short-lived as the margin turned negative again, reaching -2.46% in June 2021 and deepening further to -3.67% by September 2021 and -4.23% in December 2021.
The negative trend persisted into 2022, with the margin worsening to -6.15% in March, slightly improving to -5.48% in June but remaining negative through September and December of that year. The downward trajectory continued into 2023, with the net profit margin slightly improving to -5.94% in March, -5.88% in June, and -5.59% in September.
However, signs of a positive turnaround emerged toward the end of 2023 and into 2024. By December 2023, the net profit margin had improved to -2.82%, and this upward trend continued, with the margin reaching -2.01% in March 2024, then approaching breakeven at -0.68% in June 2024. More notably, in September 2024 the margin turned positive at 2.61%, and further increased to 3.04% in December 2024. The most recent data indicates a sustained improvement, with the margin rising to 4.69% in March 2025.
Overall, the net profit margin trajectory highlights a period of significant losses spanning from late 2020 through 2023, followed by a gradual and ongoing recovery beginning in late 2023. The shift into positive territory signifies an improved profitability outlook for the company, contingent on continued operational and strategic improvements.
Peer comparison
Mar 31, 2025