Blackbaud Inc (BLKB)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -286,951 | 1,820 | -45,407 | 5,698 | 7,717 |
Revenue | US$ in thousands | 1,155,500 | 1,105,430 | 1,058,100 | 927,740 | 913,219 |
Net profit margin | -24.83% | 0.16% | -4.29% | 0.61% | 0.85% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-286,951K ÷ $1,155,500K
= -24.83%
The net profit margin of Blackbaud Inc has shown fluctuations over the past five years based on the provided data. In December 31, 2020, the net profit margin stood at 0.85%, indicating that the company generated a profit of 0.85 cents for every dollar of revenue. However, by December 31, 2021, the net profit margin declined to 0.61%, suggesting a slight decrease in profitability.
The trend took a significant negative turn by December 31, 2022, with a net profit margin of -4.29%, indicating that the company incurred losses equivalent to 4.29 cents for every dollar of revenue generated. This marked a challenging period for Blackbaud Inc in terms of profitability.
By December 31, 2023, the net profit margin improved slightly to 0.16%, indicating a return to positive profitability, albeit at a modest level. However, the most significant decline in profitability was recorded by December 31, 2024, with a net profit margin of -24.83%, reflecting a substantial loss relative to revenue.
In summary, the net profit margin of Blackbaud Inc has displayed volatility over the past five years, with periods of positive profitability, as well as challenging periods of losses. This metric highlights the company's ability to effectively manage costs and generate profits, which is essential for sustainable growth and shareholder value.
Peer comparison
Dec 31, 2024