Maplebear Inc. (CART)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 457,000 | -1,622,000 | 428,000 | -73,000 | -70,000 |
| Revenue | US$ in thousands | 3,378,000 | 3,042,000 | 2,551,000 | 1,834,000 | 1,477,000 |
| Net profit margin | 13.53% | -53.32% | 16.78% | -3.98% | -4.74% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $457,000K ÷ $3,378,000K
= 13.53%
Based on the data provided for Maplebear Inc.'s net profit margin, there has been significant variability in the company's profitability over the years.
- In December 31, 2020, the net profit margin was negative, indicating that the company experienced a loss of 4.74% in relation to its total revenue.
- By December 31, 2021, there was a slight improvement as the net profit margin improved to -3.98%, but the company still operated at a loss.
- Maplebear Inc. experienced a significant turnaround in December 31, 2022, as the net profit margin surged to 16.78%, signaling a strong profitability and efficiency in managing costs and generating profits.
- However, the following year, by December 31, 2023, the net profit margin plummeted to -53.32%, indicating a substantial loss which raises concerns about the company's operational efficiency and financial health.
- The trend reversed again in December 31, 2024, with the net profit margin showing a positive figure of 13.53%, reflecting a recovery in profitability.
Overall, the fluctuating net profit margins suggest that Maplebear Inc. has experienced both challenges and successes in managing its profitability over the years, and stakeholders should closely monitor the company's financial performance to assess its sustainability and growth potential.
Peer comparison
Dec 31, 2024