Godaddy Inc (GDDY)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 936,900 | 1,374,800 | 352,200 | 242,300 | -494,100 |
| Revenue | US$ in thousands | 4,573,200 | 4,254,100 | 4,091,300 | 3,815,700 | 3,316,700 |
| Net profit margin | 20.49% | 32.32% | 8.61% | 6.35% | -14.90% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $936,900K ÷ $4,573,200K
= 20.49%
Based on the provided data, Godaddy Inc's net profit margin has shown variability over the years, indicating fluctuations in the company's profitability. The net profit margin was negative at -14.90% on December 31, 2020, which implies that the company had a net loss relative to its revenue for that year.
However, in the subsequent years, the net profit margin improved significantly, reaching 6.35% on December 31, 2021, and further increasing to 8.61% on December 31, 2022. This suggests that the company was able to enhance its profitability and generate more net income for each dollar of revenue during those periods.
The most notable improvement in profitability occurred on December 31, 2023, with a net profit margin of 32.32%. This substantial increase indicates the company experienced a significant boost in profitability, possibly due to enhanced cost management, revenue growth, or other operational efficiencies.
On December 31, 2024, the net profit margin slightly decreased to 20.49%, but still remained at a healthy level compared to previous years. Overall, the trend in Godaddy Inc's net profit margin demonstrates the company's ability to enhance its profitability over the years, with some fluctuations, indicating a positive trajectory in financial performance.
Peer comparison
Dec 31, 2024