Core Laboratories NV (CLB)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 31,400 | 26,196 | 23,708 | 37,522 |
Revenue (ttm) | US$ in thousands | 520,526 | 517,009 | 504,808 | 498,822 |
Net profit margin | 6.03% | 5.07% | 4.70% | 7.52% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $31,400K ÷ $520,526K
= 6.03%
Net profit margin is an important indicator of a company's profitability and efficiency in managing its expenses relative to its revenue. Looking at the data provided for Core Laboratories NV, we observe fluctuations in the net profit margin over the four quarters of 2024.
In March 2024, the net profit margin was 7.52%, indicating that for every dollar of revenue generated, the company retained $0.0752 as profit. This reflects a healthy level of profitability for the company during that period.
In June 2024, the net profit margin decreased to 4.70%, suggesting a decline in profitability compared to the previous quarter. This could be attributed to various factors such as an increase in expenses or a slowdown in revenue growth.
The net profit margin improved slightly in September 2024 to 5.07%, indicating a modest recovery in profitability. However, it still remained below the level observed in March 2024.
By the end of December 2024, the net profit margin had increased further to 6.03%, showing a more significant improvement in profitability compared to the previous quarter. This positive trend suggests that the company may have implemented measures to control costs or increase revenue, leading to higher profitability.
Overall, fluctuations in the net profit margin of Core Laboratories NV throughout 2024 highlight the company's ability to adapt to changing market conditions and manage its profitability effectively. Continued monitoring of this key financial metric will be important to assess the company's performance and financial health in the future.
Peer comparison
Dec 31, 2024