Chuy's Holdings Inc (CHUY)

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	31,510	28,507	26,422	23,559	20,855	24,370	25,381	29,040	30,176	25,966	22,792	15,764	-3,294	-6,506	-11,149	-9,406	6,215	11,055	5,362	5,573
Revenue (ttm)	US$ in thousands	461,310	449,064	442,282	434,227	422,215	416,779	412,036	409,243	396,467	376,510	356,603	314,162	320,952	344,276	371,326	418,746	426,357	421,160	413,253	406,461
Net profit margin		6.83%	6.35%	5.97%	5.43%	4.94%	5.85%	6.16%	7.10%	7.61%	6.90%	6.39%	5.02%	-1.03%	-1.89%	-3.00%	-2.25%	1.46%	2.62%	1.30%	1.37%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $31,510K ÷ $461,310K
= 6.83%

To evaluate the trend of Chuy`s Holdings Inc's net profit margin, we will examine the data provided for the most recent eight quarters.

The net profit margin is a key profitability ratio that indicates the percentage of revenue that translates into net income after accounting for all expenses. Chuy's Holdings Inc's net profit margin has fluctuated during the past two years, with values ranging from 4.94% in Q4 2022 to 7.10% in Q1 2022.

In Q1 2022, the company achieved its highest net profit margin of 7.10%, demonstrating efficient cost management and profitability. However, the margin declined in subsequent quarters before reaching its lowest point of 4.94% in Q4 2022, indicating potential challenges in maintaining profitability during that period.

In Q3 2022 and Q4 2023, there were slight improvements in the net profit margin, suggesting that the company may have implemented measures to enhance profitability. However, the margin remained below the peak achieved in Q1 2022.

Overall, Chuy's Holdings Inc's net profit margin trend indicates variability in profitability over the past eight quarters. Further analysis, including a comparison with industry peers and an examination of operating expenses, revenue trends, and potential cost-saving opportunities, could provide insights into the factors influencing the company's profitability performance.