CSG Systems International Inc (CSGS)

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	66,246	73,725	67,512	58,875	44,060	41,160	44,809	58,813	72,331	68,347	65,783	56,828	58,711	68,027	76,020	85,033	82,770	81,087	75,629	71,367
Revenue (ttm)	US$ in thousands	1,169,541	1,161,418	1,147,858	1,123,699	1,089,401	1,074,926	1,064,033	1,056,215	1,044,162	1,029,599	1,011,292	997,263	990,533	984,793	992,099	997,634	996,810	989,330	950,971	918,148
Net profit margin		5.66%	6.35%	5.88%	5.24%	4.04%	3.83%	4.21%	5.57%	6.93%	6.64%	6.50%	5.70%	5.93%	6.91%	7.66%	8.52%	8.30%	8.20%	7.95%	7.77%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $66,246K ÷ $1,169,541K
= 5.66%

The net profit margin of CSG Systems International Inc. has shown a consistent increasing trend from Q1 2022 to Q3 2023. In Q4 2023, the net profit margin stands at 5.67%, which is a slight decrease compared to Q3 2023 where it was 6.35%. Despite this slight dip, the company has maintained a healthy profit margin above 5% throughout the reported periods.

The year-on-year comparison indicates a significant improvement in net profit margin, as Q4 2023's margin of 5.67% is notably higher than the same period in the previous year where it was 4.04%. This demonstrates the company's ability to effectively manage costs and generate higher profits relative to its revenue.

Overall, the increasing trend in net profit margin over the quarters reflects positively on the company's profitability and efficiency in converting revenue into profits. This consistent improvement signals sound financial management and operational performance by CSG Systems International Inc.