National Vision Holdings Inc (EYE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -28,499 | -65,901 | 42,122 | 128,244 | 36,277 |
| Revenue | US$ in thousands | 1,823,320 | 2,126,470 | 2,005,400 | 2,079,520 | 1,711,760 |
| Net profit margin | -1.56% | -3.10% | 2.10% | 6.17% | 2.12% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-28,499K ÷ $1,823,320K
= -1.56%
The net profit margin of National Vision Holdings Inc has shown fluctuations over the years. In 2021, the company experienced a significant increase in net profit margin to 6.17%, indicating improved profitability compared to the previous year. However, in 2023 and 2024, the net profit margin turned negative, indicating that the company's expenses exceeded its revenues during those periods. It is crucial for the company to closely monitor and manage its costs and revenues to improve its profitability and ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024
Company name
Symbol
Net profit margin
National Vision Holdings Inc
EYE
-1.56%
STAAR Surgical Company
STAA
-0.01%
The Cooper Companies, Inc. Common Stock
COO
10.07%