PC Connection Inc (CNXN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 87,095 | 83,271 | 89,219 | 69,906 | 55,765 |
| Revenue | US$ in thousands | 2,802,060 | 2,850,070 | 3,124,980 | 2,892,630 | 2,590,160 |
| Net profit margin | 3.11% | 2.92% | 2.86% | 2.42% | 2.15% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $87,095K ÷ $2,802,060K
= 3.11%
The net profit margin for PC Connection Inc has shown a gradual improvement over the years. In December 31, 2020, the net profit margin was 2.15%, which increased to 2.42% by December 31, 2021, indicating a slight improvement in profitability. Subsequently, the net profit margin continued to rise to 2.86% in December 31, 2022, 2.92% in December 31, 2023, and finally reached 3.11% by December 31, 2024, demonstrating a consistent upward trend in the company's profitability. This indicates that PC Connection Inc has been effectively managing its expenses and generating better returns on its sales over the years. The increasing net profit margin reflects positively on the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024