Graco Inc (GGG)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 486,083 487,328 498,254 499,544 506,511 522,749 505,858 488,968 460,645 454,685 442,282 435,022 439,866 434,325 444,611 363,325 330,456 300,600 270,617 329,922
Revenue (ttm) US$ in thousands 2,113,316 2,131,287 2,151,747 2,158,148 2,195,605 2,184,007 2,189,979 2,178,882 2,143,521 2,128,095 2,069,147 2,027,764 1,987,608 1,918,329 1,870,949 1,730,677 1,650,115 1,592,067 1,553,306 1,614,742
Net profit margin 23.00% 22.87% 23.16% 23.15% 23.07% 23.94% 23.10% 22.44% 21.49% 21.37% 21.38% 21.45% 22.13% 22.64% 23.76% 20.99% 20.03% 18.88% 17.42% 20.43%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $486,083K ÷ $2,113,316K
= 23.00%

Graco Inc's net profit margin has demonstrated stability and improvement over the years based on the provided quarterly data. The net profit margin ranged from 17.42% to 23.94% during the period from March 31, 2020, to December 31, 2024. The company's net profit margin improved steadily from 20.43% in March 2020 to a peak of 23.94% in September 2023 before slightly declining to 23.00% by December 31, 2024.

Overall, the net profit margin figures indicate that Graco Inc has been effectively managing its expenses and generating a healthy profit relative to its revenue. This trend suggests that the company has been successful in controlling costs, enhancing operational efficiency, and maximizing profitability over the years. A stable and relatively high net profit margin is a positive signal for investors, demonstrating the company's ability to turn sales into profits and generate value for its shareholders.