Hub Group Inc (HUBG)

Net profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	167,529	218,018	274,884	331,225	356,948	361,988	318,001	241,747	171,474	109,548	90,991	77,553	73,559	79,126	80,450	96,513	107,171	128,127	216,632	209,466
Revenue (ttm)	US$ in thousands	4,195,418	4,499,370	4,831,330	5,194,040	5,341,940	5,319,660	5,039,710	4,619,111	4,237,513	3,925,073	3,774,338	3,571,114	3,487,825	3,435,776	3,423,820	3,566,056	3,660,550	3,778,159	3,798,353	4,056,790
Net profit margin		3.99%	4.85%	5.69%	6.38%	6.68%	6.80%	6.31%	5.23%	4.05%	2.79%	2.41%	2.17%	2.11%	2.30%	2.35%	2.71%	2.93%	3.39%	5.70%	5.16%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $167,529K ÷ $4,195,418K
= 3.99%

Hub Group, Inc.'s net profit margin has shown a general downward trend over the past eight quarters, indicating a decline in the company's profitability relative to its revenue. The net profit margin decreased from 6.68% in Q4 2022 to 3.99% in Q4 2023. This decline suggests that the company's ability to convert revenue into profit has weakened. Despite some fluctuations, the trend highlights potential challenges in managing costs and operational efficiency. Further analysis and investigation into the factors contributing to this trend could provide insights into the company's financial performance and strategies for improvement.