Godaddy Inc (GDDY)
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 | 1,374,800 | 354,500 | 323,600 | 331,100 | 352,200 | 345,800 | 343,500 | 299,900 | 242,300 | 225,600 | 192,800 | -527,200 | -495,100 | -505,100 | -493,600 | 167,000 | 137,000 | 119,000 | 56,000 | 86,700 |
| Revenue (ttm) | US$ in thousands | 4,111,400 | 4,047,500 | 4,019,100 | 3,989,900 | 3,960,900 | 3,947,400 | 3,876,300 | 3,792,100 | 3,694,000 | 3,553,000 | 3,441,500 | 3,329,900 | 3,228,400 | 3,161,000 | 3,078,500 | 2,991,300 | 2,905,200 | 2,820,600 | 2,736,600 | 2,662,800 |
| Net profit margin | 33.44% | 8.76% | 8.05% | 8.30% | 8.89% | 8.76% | 8.86% | 7.91% | 6.56% | 6.35% | 5.60% | -15.83% | -15.34% | -15.98% | -16.03% | 5.58% | 4.72% | 4.22% | 2.05% | 3.26% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,374,800K ÷ $4,111,400K
= 33.44%
Godaddy Inc's net profit margin has shown variability over the past eight quarters. In Q4 2023, the net profit margin surged sharply to 32.32%, representing a significant increase compared to the previous quarters. Prior to this spike, the net profit margins in Q3 2023, Q2 2023, and Q1 2023 stood at 8.45%, 7.78%, and 8.03% respectively, reflecting a moderate level of profitability.
Looking back at the same period in the previous year, Q4 2022, Q3 2022, and Q2 2022, the net profit margins were relatively stable around the range of 8.49% to 8.58%, demonstrating a consistent profitability trend. However, in Q1 2022, there was a slight decrease in the net profit margin to 7.66%.
The sudden increase in net profit margin in Q4 2023 indicates a significant improvement in profitability for Godaddy Inc, possibly attributed to effective cost management or revenue growth strategies. It would be essential for stakeholders to further analyze the underlying factors contributing to this surge and assess the sustainability of this enhanced profitability level in future quarters.
Peer comparison
Dec 31, 2023