Everus Construction Group Inc (ECG)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Net income | US$ in thousands | 143,421 | 118,783 | 124,781 | 109,402 |
Revenue | US$ in thousands | 2,849,680 | 2,854,390 | 2,699,250 | 2,051,640 |
Net profit margin | 5.03% | 4.16% | 4.62% | 5.33% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $143,421K ÷ $2,849,680K
= 5.03%
Based on the data provided, the net profit margin of Everus Construction Group Inc has fluctuated over the past four years. The net profit margin was 5.33% as of December 31, 2021, indicating that for every dollar of revenue generated, the company generated a profit of $0.0533.
However, there was a slight decrease in the net profit margin to 4.62% as of December 31, 2022, and a further decrease to 4.16% as of December 31, 2023. This suggests that the company's profitability relative to its revenue declined during these years.
Despite the downward trend, there was an improvement in the net profit margin to 5.03% as of December 31, 2024. This indicates that the company was able to generate a higher profit per dollar of revenue in that year compared to the previous years.
Overall, Everus Construction Group Inc's net profit margin has shown variability in recent years, reflecting changes in the company's profitability and efficiency in managing its costs relative to its revenue. It will be important for the company to continue monitoring and analyzing its profitability trends to ensure long-term financial sustainability.
Peer comparison
Dec 31, 2024