Installed Building Products Inc (IBP)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 256,600 | 243,700 | 223,400 | 118,800 | 97,239 |
| Revenue | US$ in thousands | 2,941,300 | 2,778,600 | 2,669,840 | 1,968,650 | 1,653,220 |
| Net profit margin | 8.72% | 8.77% | 8.37% | 6.03% | 5.88% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $256,600K ÷ $2,941,300K
= 8.72%
Installed Building Products Inc's net profit margin has shown a positive trend over the past five years, increasing from 5.88% in December 2020 to 8.72% in December 2024. This improvement indicates that the company has been able to effectively manage its costs and expenses relative to its revenue, resulting in a higher percentage of net profit for each dollar of sales. The consistent growth in net profit margin suggests that Installed Building Products Inc has been successful in optimizing its operational efficiency and profitability over the analyzed period, which could be a positive sign of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024