ASGN Inc (ASGN)

Net profit margin

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 Mar 31, 2020
Net income (ttm) US$ in thousands 175,200 183,100 195,000 207,900 219,300 224,600 238,400 250,800 268,100 297,500 436,300 428,000 409,900 380,300 220,600 205,200 200,300 184,200 189,300 183,600
Revenue (ttm) US$ in thousands 4,099,700 4,188,800 4,274,600 4,370,800 4,450,600 4,526,900 4,608,000 4,618,900 4,581,100 4,484,500 4,360,400 4,193,500 4,009,500 3,856,100 3,686,700 3,543,700 3,502,100 3,626,900 3,725,200 3,865,600
Net profit margin 4.27% 4.37% 4.56% 4.76% 4.93% 4.96% 5.17% 5.43% 5.85% 6.63% 10.01% 10.21% 10.22% 9.86% 5.98% 5.79% 5.72% 5.08% 5.08% 4.75%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $175,200K ÷ $4,099,700K
= 4.27%

ASGN Inc's net profit margin has shown fluctuations over the period analyzed. From March 31, 2020, to September 30, 2021, the net profit margin gradually increased from 4.75% to 9.86%, indicating an improvement in the company's profitability. The highest point reached was on December 31, 2021, at 10.22%, indicating strong profitability during that period.

However, from March 31, 2022, the net profit margin started to decline, reaching 4.27% by December 31, 2024. This downward trend suggests a decrease in profitability during this later period. It is important for investors and stakeholders to monitor this metric closely to understand the company's ability to generate profits relative to its revenue.