Golden Entertainment Inc (GDEN)
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 | 255,756 | 276,185 | 48,972 | 57,910 | 82,346 | 90,388 | 105,436 | 187,222 | 161,776 | 124,208 | 88,201 | -93,371 | -136,611 | -125,814 | -128,305 | -64,147 | -39,545 | -57,187 | -50,864 | -32,862 |
| Revenue (ttm) | US$ in thousands | 1,350,633 | 1,403,326 | 1,118,335 | 1,119,614 | 1,114,981 | 1,116,291 | 1,119,457 | 1,123,725 | 1,089,708 | 1,013,594 | 937,729 | 721,144 | 688,224 | 729,843 | 766,624 | 939,705 | 970,535 | 938,526 | 906,660 | 876,094 |
| Net profit margin | 18.94% | 19.68% | 4.38% | 5.17% | 7.39% | 8.10% | 9.42% | 16.66% | 14.85% | 12.25% | 9.41% | -12.95% | -19.85% | -17.24% | -16.74% | -6.83% | -4.07% | -6.09% | -5.61% | -3.75% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $255,756K ÷ $1,350,633K
= 18.94%
The net profit margin of Golden Entertainment Inc has displayed fluctuating trends over the past eight quarters. In Q4 2023, the net profit margin was 24.28%, showing a slight decrease from the previous quarter's 25.06%. However, this figure is significantly higher compared to the lower margins observed in the first two quarters of 2023, at 4.36% and 5.14%, respectively.
Looking back at the performance in 2022, the net profit margin was relatively stable, ranging from 7.34% to 16.56%. The gradual decline in the margin from Q1 2022 to Q3 2022 could indicate potential challenges in controlling costs or generating revenue during that period.
Overall, the recent data suggests that Golden Entertainment Inc has experienced some variability in its profitability, with Q4 2023 showing a notable decrease compared to the previous quarter. Further analysis would be necessary to identify the specific factors driving these fluctuations and to assess the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2023