HNI Corp (HNI)
Net profit margin
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 126,200 | 125,700 | 65,400 | 49,300 | 42,900 | 68,200 | 111,300 | 123,900 | 115,800 | 71,900 | 59,000 | 59,819 | 74,170 | 85,658 | 80,814 | 41,900 | 66,944 | 82,334 | 85,588 | 110,505 |
| Revenue (ttm) | US$ in thousands | 2,582,500 | 2,651,600 | 2,542,900 | 2,434,000 | 2,323,100 | 2,210,300 | 2,268,500 | 2,361,700 | 2,395,700 | 2,383,600 | 2,272,400 | 2,184,393 | 2,136,642 | 2,057,005 | 1,963,961 | 1,948,372 | 2,000,722 | 2,119,093 | 2,225,230 | 2,233,871 |
| Net profit margin | 4.89% | 4.74% | 2.57% | 2.03% | 1.85% | 3.09% | 4.91% | 5.25% | 4.83% | 3.02% | 2.60% | 2.74% | 3.47% | 4.16% | 4.11% | 2.15% | 3.35% | 3.89% | 3.85% | 4.95% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $126,200K ÷ $2,582,500K
= 4.89%
Net profit margin is a key profitability ratio that indicates the percentage of revenue that translates into net income after accounting for all expenses. Analyzing the net profit margin of HNI Corp over the specified time period reveals fluctuations in the company's profitability.
The net profit margin for HNI Corp ranged from a low of 1.85% on September 30, 2023, to a high of 5.25% on December 31, 2022. The trend indicates some variability in the company's ability to convert revenue into profit.
Overall, HNI Corp's net profit margin displayed some volatility, showing periods of both improvement and decline. It is essential for investors and stakeholders to closely monitor this ratio to assess the company's operational efficiency and financial performance over time.