Maplebear Inc. (CART)
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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 457,000 | 444,000 | -1,673,000 | -1,620,000 | -1,622,000 | -1,291,000 | 744,000 | 638,000 | 428,000 | -79,500 | -157,000 | -137,000 | -50,000 | -7,073 | 36,245 | 8,582 | 4,528 |
| Revenue (ttm) | US$ in thousands | 3,378,000 | 3,298,000 | 3,210,000 | 3,103,000 | 3,042,000 | 2,996,000 | 2,900,000 | 2,805,000 | 2,551,000 | 2,269,000 | 2,076,000 | 1,899,000 | 1,836,000 | 1,366,758 | 897,613 | 459,271 | 21,683 |
| Net profit margin | 13.53% | 13.46% | -52.12% | -52.21% | -53.32% | -43.09% | 25.66% | 22.75% | 16.78% | -3.50% | -7.56% | -7.21% | -2.72% | -0.52% | 4.04% | 1.87% | 20.88% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $457,000K ÷ $3,378,000K
= 13.53%
Maplebear Inc.'s net profit margin has experienced significant fluctuations over the periods indicated. The margin was robust at 20.88% as of September 30, 2019, but dipped substantially to -53.32% by December 31, 2023, indicating a drastic decline in profitability. Despite this, there was a notable recovery by December 31, 2024, with a net profit margin of 13.53%.
Throughout the data period, there were periods of negative net profit margins, suggesting that Maplebear Inc. faced challenges in generating profits relative to its revenue. It is essential for the company to assess and address the factors contributing to these fluctuations to ensure sustained profitability in the future. The positive trend observed in the latter part of the period is promising, indicating potential improvements in the company's overall financial performance.
Peer comparison
Dec 31, 2024