Cogent Communications Group Inc (CCOI)
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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -204,074 | 39,396 | 45,785 | 1,201,983 | 1,273,438 | 1,074,137 | 1,122,853 | 10,157 | 5,146 | 22,801 | 44,128 | 30,471 | 48,185 | 23,058 | 4,783 | 15,840 | 6,216 | 20,301 | 38,957 | 37,529 |
| Revenue (ttm) | US$ in thousands | 1,036,104 | 1,055,912 | 1,074,139 | 1,053,502 | 940,922 | 820,802 | 695,373 | 604,017 | 599,604 | 594,833 | 592,760 | 592,189 | 589,791 | 586,484 | 580,859 | 573,970 | 568,108 | 564,499 | 559,139 | 552,938 |
| Net profit margin | -19.70% | 3.73% | 4.26% | 114.09% | 135.34% | 130.86% | 161.47% | 1.68% | 0.86% | 3.83% | 7.44% | 5.15% | 8.17% | 3.93% | 0.82% | 2.76% | 1.09% | 3.60% | 6.97% | 6.79% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-204,074K ÷ $1,036,104K
= -19.70%
Net profit margin is a key indicator of a company's profitability, reflecting the percentage of revenue that turns into profit after all expenses are deducted. Analyzing the net profit margin trend of Cogent Communications Group Inc reveals fluctuations in its profitability over the given period.
From March 31, 2020, to June 30, 2020, the net profit margin increased slightly from 6.79% to 6.97%. However, a significant decline was observed in the following quarters, reaching a low of 0.82% on June 30, 2021.
Thereafter, the net profit margin showed a recovery, peaking at 161.47% on June 30, 2023. Such extraordinarily high margins may indicate irregularities or one-time events affecting profitability rather than sustainable growth.
Subsequently, the net profit margin decreased substantially, falling to negative figures at the end of December 31, 2024 (-19.70%). A negative net profit margin implies that the company incurred losses during that period, which raises concerns about its ability to generate profits from its operations.
In conclusion, the fluctuating trend of the net profit margin for Cogent Communications Group Inc suggests varying levels of profitability and highlights the need for further analysis to understand the underlying reasons for such variations.
Peer comparison
Dec 31, 2024