HealthStream Inc (HSTM)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 15,213 | 12,091 | 5,845 | 14,091 | 15,770 |
| Revenue | US$ in thousands | 279,063 | 266,851 | 256,691 | 244,826 | 254,112 |
| Net profit margin | 5.45% | 4.53% | 2.28% | 5.76% | 6.21% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $15,213K ÷ $279,063K
= 5.45%
Healthstream Inc's net profit margin has fluctuated over the past five years. In 2023, the net profit margin stands at 5.45%, showing an improvement from the previous year's 4.53%. Despite the increase, it is worth noting that the net profit margin was higher in 2020 and 2019 at 5.76% and 6.21% respectively. The trend indicates some volatility in the company's ability to generate profit relative to its revenue, with a significant increase in 2023 compared to 2022. Further analysis of the company's expenses and revenue generation strategies may provide insights into the drivers behind these fluctuations in net profit margin.
Peer comparison
Dec 31, 2023