Grocery Outlet Holding Corp (GO)
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 | 39,465 | 51,260 | 54,222 | 64,692 | 79,437 | 81,220 | 71,575 | 67,198 | 65,052 | 55,802 | 55,446 | 54,992 | 62,310 | 79,935 | 103,270 | 112,963 | 106,713 | 92,281 | 64,252 | 24,287 |
| Revenue (ttm) | US$ in thousands | 4,371,490 | 4,263,458 | 4,159,188 | 4,040,928 | 3,969,455 | 3,910,467 | 3,824,742 | 3,712,141 | 3,578,101 | 3,429,972 | 3,280,667 | 3,158,543 | 3,079,582 | 3,103,702 | 3,098,904 | 3,126,798 | 3,134,640 | 2,983,336 | 2,871,794 | 2,713,654 |
| Net profit margin | 0.90% | 1.20% | 1.30% | 1.60% | 2.00% | 2.08% | 1.87% | 1.81% | 1.82% | 1.63% | 1.69% | 1.74% | 2.02% | 2.58% | 3.33% | 3.61% | 3.40% | 3.09% | 2.24% | 0.89% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $39,465K ÷ $4,371,490K
= 0.90%
The net profit margin of Grocery Outlet Holding Corp has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Starting at 0.89% in March 2020, the net profit margin increased to 3.40% by December 2020, representing a significant improvement in profitability. Subsequently, the net profit margin continued to increase to its peak of 3.61% in March 2021 before gradually declining.
There was a downward trend in the net profit margin from June 2021 to June 2022, with fluctuations ranging from 1.69% to 3.33%. Additionally, there was a notable decrease in profitability from September 2022 to December 2024, wherein the net profit margin ranged from 0.90% to 2.08%.
Overall, the net profit margin of Grocery Outlet Holding Corp has shown volatility, with periods of both growth and decline in profitability. These fluctuations may be influenced by various factors such as changes in revenues, cost structures, and economic conditions affecting the retail industry.
Peer comparison
Dec 31, 2024