Golden Entertainment Inc (GDEN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 50,731 | 255,756 | 82,346 | 161,776 | -136,611 |
| Revenue | US$ in thousands | 666,818 | 1,053,150 | 1,121,720 | 1,096,540 | 694,155 |
| Net profit margin | 7.61% | 24.28% | 7.34% | 14.75% | -19.68% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $50,731K ÷ $666,818K
= 7.61%
Golden Entertainment Inc's net profit margin has shown fluctuations over the years, indicating changes in its profitability. In 2020, the company experienced a negative net profit margin of -19.68%, implying that its expenses exceeded its revenue, leading to a loss. However, the following year, in 2021, the net profit margin improved significantly to 14.75%, indicating a recovery and a return to profitability.
In 2022, the net profit margin decreased to 7.34%, suggesting some challenges in maintaining profitability. The subsequent year, 2023, saw a notable improvement in the net profit margin to 24.28%, indicating a significant increase in profitability. However, in 2024, the net profit margin decreased to 7.61%, showing a slight decline compared to the previous year.
Overall, Golden Entertainment Inc's net profit margin has displayed varying levels of profitability, with some years showing strong performance and others experiencing challenges. It is essential for the company to analyze the factors contributing to these fluctuations to sustain or improve profitability in the future.
Peer comparison
Dec 31, 2024