PC Connection Inc (CNXN)

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	83,271	78,316	75,924	81,625	89,219	92,781	89,620	81,514	69,906	63,817	60,702	51,053	55,765	61,435	68,255	84,280	82,111	81,445	71,461	66,019
Revenue (ttm)	US$ in thousands	2,850,161	2,886,154	2,968,760	3,063,722	3,124,985	3,192,747	3,168,423	3,044,075	2,892,633	2,768,107	2,669,491	2,515,332	2,590,290	2,631,231	2,707,889	2,898,963	2,820,232	2,813,125	2,742,333	2,707,827
Net profit margin		2.92%	2.71%	2.56%	2.66%	2.86%	2.91%	2.83%	2.68%	2.42%	2.31%	2.27%	2.03%	2.15%	2.33%	2.52%	2.91%	2.91%	2.90%	2.61%	2.44%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $83,271K ÷ $2,850,161K
= 2.92%

PC Connection, Inc.'s net profit margin has shown relatively stable performance over the past eight quarters, ranging from 2.56% to 2.92%. The company's net profit margin peaked at 2.92% in Q4 2023 and hit its lowest point at 2.56% in Q2 2023. Despite some fluctuations, the net profit margin has generally remained within a narrow range, indicating consistent profitability relative to the company's revenue. It is essential for PC Connection, Inc. to continue monitoring and managing its expenses effectively to sustain or improve its net profit margin over time.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

PC Connection Inc

CNXN

2.92%

Insight Enterprises Inc

NSIT

3.08%