CSG Systems International Inc (CSGS)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 66,246 | 44,060 | 72,331 | 58,711 | 82,770 |
| Revenue | US$ in thousands | 1,170,020 | 1,091,100 | 1,044,030 | 990,533 | 996,810 |
| Net profit margin | 5.66% | 4.04% | 6.93% | 5.93% | 8.30% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $66,246K ÷ $1,170,020K
= 5.66%
The net profit margin of CSG Systems International Inc. has displayed varying trends over the past five years, ranging from 4.04% to 8.30%. In 2021, the margin was at its highest at 6.91%, indicating that the company was efficient in controlling costs and generating profits from its operations. However, in 2022, the net profit margin decreased to 4.04%, which could suggest possible challenges in maintaining profitability.
In the most recent period, as of December 31, 2023, the net profit margin improved to 5.67%, showing some recovery in profitability compared to the previous year. Despite this improvement, the margin remains below the levels seen in 2021 and 2019.
Overall, CSG Systems International Inc.'s net profit margin has experienced fluctuations, demonstrating the company's ability to adapt to changing market conditions and operational challenges. Further analysis of the factors influencing these fluctuations would provide a deeper understanding of the company's financial performance.
Peer comparison
Dec 31, 2023