Exponent Inc (EXPO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 109,002 | 100,339 | 102,330 | 101,202 | 82,552 |
| Revenue | US$ in thousands | 558,514 | 536,766 | 513,293 | 466,269 | 399,900 |
| Net profit margin | 19.52% | 18.69% | 19.94% | 21.70% | 20.64% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $109,002K ÷ $558,514K
= 19.52%
To analyze Exponent Inc's net profit margin over the five-year period from December 31, 2020, to December 31, 2024, we observe the following trends:
- The net profit margin has shown some fluctuations during this period. It started at 20.64% in 2020, increased to 21.70% in 2021, then decreased to 19.94% in 2022, further declined to 18.69% in 2023, and finally rose to 19.52% in 2024.
- The net profit margin measures the percentage of revenue that transforms into profit after accounting for all expenses. A higher net profit margin indicates that the company is better at converting revenue into profit.
- The company's net profit margin peaked in 2021 at 21.70% before experiencing a downward trend in the following years.
- The fluctuations in the net profit margin could be attributed to changes in the company's cost structure, pricing strategies, operational efficiency, or external economic factors influencing revenue and expenses.
- Overall, despite the fluctuations, Exponent Inc has maintained a relatively healthy net profit margin range over the five-year period, indicating a reasonable ability to generate profit from its operations. However, monitoring and analyzing the underlying factors driving these fluctuations would be essential for sustainable financial performance.
In conclusion, Exponent Inc's net profit margin analysis highlights the company's performance in generating profit relative to its revenue, showcasing both strengths and areas that may require further monitoring and improvement.
Peer comparison
Dec 31, 2024