Envestnet Inc (ENV)
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 | -238,724 | -92,058 | -106,439 | -108,308 | -80,939 | -49,543 | -30,513 | -15,509 | 13,296 | 25,645 | 15,815 | 19,172 | -3,110 | -6,760 | -11,750 | -5,933 | -16,782 | -20,149 | -14,115 | -20,534 |
| Revenue (ttm) | US$ in thousands | 1,220,482 | 1,203,270 | 1,195,211 | 1,204,198 | 1,228,321 | 1,249,802 | 1,246,160 | 1,216,033 | 1,170,413 | 1,115,334 | 1,059,684 | 1,001,841 | 967,838 | 946,654 | 929,058 | 926,833 | 882,732 | 865,270 | 842,861 | 819,532 |
| Net profit margin | -19.56% | -7.65% | -8.91% | -8.99% | -6.59% | -3.96% | -2.45% | -1.28% | 1.14% | 2.30% | 1.49% | 1.91% | -0.32% | -0.71% | -1.26% | -0.64% | -1.90% | -2.33% | -1.67% | -2.51% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-238,724K ÷ $1,220,482K
= -19.56%
The net profit margin of Envestnet Inc. has been fluctuating over the past eight quarters. It ranged from -19.17% in Q4 2023 to -1.26% in Q1 2022. The negative values indicate that the company's expenses exceeded its revenues during these periods. The declining trend from Q1 2022 to Q4 2023 suggests that the company's profitability has been deteriorating over time. This could be a concerning sign for investors and stakeholders, as it indicates challenges in controlling costs or generating sufficient revenue to cover expenses. Further analysis and investigation into the factors contributing to the decreasing net profit margin are recommended to understand the financial health and sustainability of Envestnet Inc.
Peer comparison
Dec 31, 2023