Builders FirstSource Inc (BLDR)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	1,540,560	2,749,370	1,725,420	313,537	221,809
Revenue	US$ in thousands	17,096,400	22,698,900	19,890,500	8,550,750	7,271,130
Net profit margin		9.01%	12.11%	8.67%	3.67%	3.05%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $1,540,560K ÷ $17,096,400K
= 9.01%

Builders Firstsource Inc net profit margin has shown fluctuations over the past five years. The net profit margin decreased from 12.10% in 2022 to 9.01% in 2023. This decline may indicate a decrease in profitability relative to the previous year. However, when compared to the net profit margins in 2021, 2020, and 2019, the current net profit margin of 9.01% appears to be relatively healthy.

The net profit margin in 2023 indicates that the company retains $0.09 in net income for every dollar of revenue generated. The trend over the past five years shows some variability, but overall, the company has managed to maintain positive net profit margins, which is essential for long-term sustainability and growth. It is important for Builders Firstsource Inc to continue monitoring and managing its expenses and revenue to ensure the maintenance or improvement of its profitability levels in the future.