ELF Beauty Inc (ELF)

Net profit margin

		Mar 31, 2024	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
Net income (ttm)	US$ in thousands	127,663	129,382	121,599	100,038	61,530	46,840	33,949	27,963	21,770	20,190	18,273	12,996	6,232	5,915	9,620	15,690	17,884	311	1,981	-621
Revenue (ttm)	US$ in thousands	1,024,893	891,107	766,065	671,498	576,756	494,534	446,184	415,879	389,935	377,471	367,630	347,817	314,882	296,923	288,416	282,943	277,931	267,511	266,882	326,787
Net profit margin		12.46%	14.52%	15.87%	14.90%	10.67%	9.47%	7.61%	6.72%	5.58%	5.35%	4.97%	3.74%	1.98%	1.99%	3.34%	5.55%	6.43%	0.12%	0.74%	-0.19%

March 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $127,663K ÷ $1,024,893K
= 12.46%

The net profit margin of ELF Beauty Inc has shown a fluctuating trend over the past five quarters. It increased from 12.46% in March 2024 to 15.87% in September 2023, before decreasing to 10.67% in March 2023. This was followed by a significant improvement to 9.47% in December 2022, indicating better profitability. However, there was a notable decline to 1.98% in March 2021, which was the lowest net profit margin recorded in the provided data. This was a significant decrease from the peak of 15.87% in September 2023.

Overall, the net profit margin of ELF Beauty Inc has exhibited fluctuations, likely influenced by various factors such as operating expenses, revenue changes, and cost management strategies. It is essential for the company to closely monitor and manage its profitability to ensure sustainable growth and financial stability in the long term.