Topbuild Corp (BLD)
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 | 622,602 | 618,448 | 617,090 | 630,767 | 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 |
| Revenue (ttm) | US$ in thousands | 5,312,220 | 5,266,710 | 5,200,730 | 5,133,820 | 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 |
| Net profit margin | 11.72% | 11.74% | 11.87% | 12.29% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $622,602K ÷ $5,312,220K
= 11.72%
Net profit margin is a key financial ratio that provides insight into a company's profitability. It measures the percentage of revenue that translates into profit after all expenses have been deducted. For Topbuild Corp, we observe a consistent upward trend in the net profit margin from March 31, 2020, to December 31, 2024. The net profit margin increased from 7.75% in March 2020 to 11.72% in December 2024.
The net profit margin improvement over the period indicates that Topbuild Corp has been effectively managing its expenses relative to its revenue, resulting in a higher proportion of revenue being converted into profit. This could be attributed to various factors such as operational efficiency, cost control measures, pricing strategies, or revenue growth outpacing expense growth.
It is noteworthy that despite some fluctuations over the quarters, the overall trend shows an increasing profitability for Topbuild Corp. Investors and stakeholders may view this positively as it signifies the company's ability to generate profit amidst changing business conditions and may reflect well on its financial health and management effectiveness.