Hub Group Inc (HUBG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 103,993 | 167,528 | 356,948 | 171,474 | 73,559 |
| Revenue | US$ in thousands | 3,948,950 | 4,197,040 | 5,358,280 | 4,244,580 | 3,485,460 |
| Net profit margin | 2.63% | 3.99% | 6.66% | 4.04% | 2.11% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $103,993K ÷ $3,948,950K
= 2.63%
The net profit margin of Hub Group Inc has shown fluctuations over the years, based on the provided data. In December 31, 2020, the net profit margin was 2.11%, indicating that for every dollar of revenue generated, the company retained 2.11 cents as profit. Over the next few years, the net profit margin experienced an upward trend, reaching 6.66% by December 31, 2022, showcasing improved profitability. However, there was a decline in the net profit margin to 3.99% by December 31, 2023, and further to 2.63% by December 31, 2024.
The net profit margin is a key profitability metric that reflects the efficiency of a company in generating profits after accounting for all expenses. The fluctuations in Hub Group Inc's net profit margin indicate variability in its operational performance and cost management strategies over the years. Further analysis would be necessary to understand the factors contributing to these fluctuations and to assess the company's overall financial health and sustainability.
Peer comparison
Dec 31, 2024