ANSYS Inc (ANSS)

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	500,412	483,597	524,070	553,344	523,710	468,934	458,301	453,217	454,627	467,088	457,373	460,221	433,887	384,107	397,943	411,129	451,295	438,606	438,479	421,325
Revenue (ttm)	US$ in thousands	2,269,949	2,158,956	2,172,672	2,149,923	2,065,553	2,027,105	1,995,762	1,968,566	1,906,715	1,874,734	1,800,531	1,739,538	1,681,297	1,543,839	1,520,773	1,503,747	1,515,892	1,445,096	1,390,615	1,327,893
Net profit margin		22.05%	22.40%	24.12%	25.74%	25.35%	23.13%	22.96%	23.02%	23.84%	24.91%	25.40%	26.46%	25.81%	24.88%	26.17%	27.34%	29.77%	30.35%	31.53%	31.73%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $500,412K ÷ $2,269,949K
= 22.05%

Ansys Inc.'s net profit margin has displayed slight fluctuations throughout the quarters, ranging from a low of 22.05% in Q4 2023 to a high of 25.74% in Q1 2023. This metric indicates the company's ability to convert revenue into profit after accounting for all expenses. Over the past eight quarters, the net profit margin has generally remained stable, within the range of 22.05% to 25.74%, showcasing Ansys Inc.'s consistent profitability. However, it is important to note that a decreasing trend in net profit margin could signal potential operational inefficiencies or increasing costs that may impact the company's overall financial performance.