Corcept Therapeutics Incorporated (CORT)

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	140,686	141,295	125,983	118,023	106,140	91,386	94,616	94,500	101,418	116,870	112,733	111,844	112,512	106,453	97,607	99,411	106,011	109,398	114,113	105,972
Revenue (ttm)	US$ in thousands	675,040	628,555	569,610	523,529	482,375	450,026	428,153	413,824	401,858	397,624	392,027	380,229	365,978	352,891	343,087	340,064	353,874	356,034	351,212	334,904
Net profit margin		20.84%	22.48%	22.12%	22.54%	22.00%	20.31%	22.10%	22.84%	25.24%	29.39%	28.76%	29.41%	30.74%	30.17%	28.45%	29.23%	29.96%	30.73%	32.49%	31.64%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $140,686K ÷ $675,040K
= 20.84%

Net profit margin measures the percentage of revenue that translates into net income after all expenses are deducted. Corcept Therapeutics Incorporated has demonstrated a generally stable net profit margin over the period from March 31, 2020, to December 31, 2024. The company's net profit margin ranged from a high of 32.49% in June 30, 2020, to a low of 20.31% in September 30, 2023, before showing some improvement in the following periods.

Overall, the trend indicates that the net profit margin has been gradually decreasing from the initial high levels observed in 2020. This could be a sign of increasing operating expenses or declining revenues relative to the costs incurred by the company. It is noteworthy that the net profit margin has fluctuated within a certain range, with some periods showing slight improvements while others experienced declines.

Investors and analysts may want to further investigate the factors contributing to the variation in Corcept Therapeutics' net profit margin over time to assess the company's profitability and efficiency in managing expenses. Monitoring the trend of the net profit margin can provide insights into the company's financial health and sustainability in generating profits.