Dorman Products Inc (DORM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 190,004 | 129,259 | 121,549 | 131,532 | 106,870 |
| Revenue | US$ in thousands | 2,009,200 | 1,929,790 | 1,733,750 | 1,345,250 | 1,092,750 |
| Net profit margin | 9.46% | 6.70% | 7.01% | 9.78% | 9.78% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $190,004K ÷ $2,009,200K
= 9.46%
The net profit margin of Dorman Products Inc has shown some fluctuations over the past five years. In 2020 and 2021, the net profit margin remained relatively stable at 9.78%. However, in 2022 and 2023, there was a decrease in the net profit margin to 7.01% and 6.70% respectively. This could indicate potential challenges in controlling costs or generating revenues efficiently during those years. However, in 2024, there was a notable improvement as the net profit margin increased to 9.46%. Overall, while there have been fluctuations, it is important for the company to focus on maintaining or improving its net profit margin to ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2024