Floor & Decor Holdings Inc (FND)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	245,980	298,195	283,230	194,981	150,631
Revenue	US$ in thousands	4,406,710	4,256,060	3,431,300	2,421,130	2,039,070
Net profit margin		5.58%	7.01%	8.25%	8.05%	7.39%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $245,980K ÷ $4,406,710K
= 5.58%

Floor & Decor Holdings Inc's net profit margin has shown a slight decline over the past five years. In 2023, the net profit margin stood at 5.58%, down from 7.01% in 2022 and 8.25% in 2021. The decreasing trend in net profit margin indicates that the company may be facing challenges generating profits relative to its revenue. It is crucial for stakeholders to closely monitor factors such as costs, pricing strategies, and operational efficiency to ensure sustainable profitability in the future.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

Floor & Decor Holdings Inc

FND

5.58%

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