Builders FirstSource Inc (BLDR)

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	1,540,555	1,574,375	1,860,925	2,443,515	2,749,369	2,807,312	2,682,450	2,192,476	1,725,416	1,422,874	895,661	477,350	313,537	214,990	207,188	194,868	221,809	232,463	227,661	217,679
Revenue (ttm)	US$ in thousands	17,096,390	17,276,460	18,503,660	20,901,030	22,698,850	22,968,350	22,715,430	21,365,780	19,858,230	17,789,490	14,576,400	10,945,430	8,553,650	7,782,960	7,468,250	7,426,870	7,277,510	7,336,620	7,474,350	7,631,020
Net profit margin		9.01%	9.11%	10.06%	11.69%	12.11%	12.22%	11.81%	10.26%	8.69%	8.00%	6.14%	4.36%	3.67%	2.76%	2.77%	2.62%	3.05%	3.17%	3.05%	2.85%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,540,555K ÷ $17,096,390K
= 9.01%

The net profit margin of Builders Firstsource Inc has exhibited a declining trend over the past eight quarters, decreasing from 12.10% in Q4 2022 to 9.01% in Q4 2023.

This downward trend may indicate potential challenges in controlling costs or generating sufficient revenue to maintain profitability. The company experienced relatively higher net profit margins in the earlier quarters of 2022, ranging between 10.24% and 12.20%, which suggests a period of stronger financial performance.

The recent decrease in net profit margin to 9.01% in Q4 2023 may indicate a diminishing profitability level, warranting further investigation into the factors influencing the company's financial performance. It is crucial for stakeholders to closely monitor future financial results to assess whether this trend continues or improves over time.