Hims Hers Health Inc (HIMS)
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 | 126,038 | 101,258 | 18,103 | -2,351 | -23,546 | -35,720 | -46,993 | -59,515 | -65,700 | -85,932 | -83,033 | -72,507 | -107,659 | -81,727 | -71,657 | -63,485 | -18,114 | -12,157 | -5,850 | -4,886 |
| Revenue (ttm) | US$ in thousands | 1,476,514 | 1,241,994 | 1,067,137 | 959,401 | 872,000 | 792,584 | 710,721 | 616,372 | 526,916 | 444,412 | 373,749 | 320,878 | 271,878 | 228,645 | 195,796 | 171,008 | 148,757 | 132,060 | 90,736 | 54,832 |
| Net profit margin | 8.54% | 8.15% | 1.70% | -0.25% | -2.70% | -4.51% | -6.61% | -9.66% | -12.47% | -19.34% | -22.22% | -22.60% | -39.60% | -35.74% | -36.60% | -37.12% | -12.18% | -9.21% | -6.45% | -8.91% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $126,038K ÷ $1,476,514K
= 8.54%
The net profit margin of Hims Hers Health Inc has shown a fluctuating trend over the period between March 31, 2020, and December 31, 2024. The net profit margin started at a negative value of -8.91% in March 2020 and deteriorated further to reach its lowest point of -39.60% by December 2021.
However, there was a notable improvement in the company's profitability from March 31, 2022, onwards as the net profit margin gradually increased from -22.60% to 8.54% by December 31, 2024. This positive trend indicates that the company's ability to convert revenue into net income has strengthened over time.
Overall, the fluctuating net profit margin of Hims Hers Health Inc suggests a mix of challenges and improvements in the company's operational efficiency and profitability during the period under review. Further analysis of underlying factors driving these fluctuations would provide a more in-depth understanding of the company's financial performance.
Peer comparison
Dec 31, 2024