Everus Construction Group Inc (ECG)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net income	US$ in thousands	118,783	124,781	109,402
Revenue	US$ in thousands	2,854,390	2,699,250	2,051,640
Net profit margin		4.16%	4.62%	5.33%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $118,783K ÷ $2,854,390K
= 4.16%

The net profit margin of Everus Construction Group Inc has experienced a slight decline over the past three years, decreasing from 5.33% in 2021 to 4.16% in 2023. This downward trend suggests that the company's profitability relative to its revenue has weakened over the period. It is important for the company to closely monitor and analyze the factors contributing to this decrease in net profit margin in order to make informed decisions going forward and improve its financial performance.