Topbuild Corp (BLD)
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 | 614,256 | 611,705 | 597,849 | 577,146 | 555,987 | 490,512 | 432,201 | 378,884 | 324,015 | 316,414 | 290,975 | 256,091 | 247,020 | 222,248 | 207,228 | 203,783 | 190,995 | 183,563 | 171,245 | 146,347 |
| Revenue (ttm) | US$ in thousands | 5,120,910 | 5,099,790 | 5,078,940 | 5,041,270 | 4,951,870 | 4,757,590 | 4,311,639 | 3,878,974 | 3,443,847 | 3,112,824 | 2,961,908 | 2,771,414 | 2,692,863 | 2,633,725 | 2,617,128 | 2,629,892 | 2,595,201 | 2,572,399 | 2,546,712 | 2,502,046 |
| Net profit margin | 12.00% | 11.99% | 11.77% | 11.45% | 11.23% | 10.31% | 10.02% | 9.77% | 9.41% | 10.16% | 9.82% | 9.24% | 9.17% | 8.44% | 7.92% | 7.75% | 7.36% | 7.14% | 6.72% | 5.85% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $614,256K ÷ $5,120,910K
= 12.00%
The net profit margin of TopBuild Corp has shown a consistent upward trend over the past eight quarters, increasing from 9.68% in Q1 2022 to 11.82% in Q4 2023. This indicates that the company has been effectively managing its costs and expenses relative to its revenue. The steady improvement in net profit margin suggests that TopBuild Corp is becoming more efficient in generating profits from its operations, which is a positive financial performance indicator. Overall, the consistent growth in net profit margin reflects the company's ability to maximize profitability and create value for its shareholders over the analyzed period.