Inter Parfums Inc (IPAR)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	152,654	120,938	87,411	38,219	60,249
Revenue	US$ in thousands	1,317,700	1,086,700	879,500	539,000	713,500
Net profit margin		11.58%	11.13%	9.94%	7.09%	8.44%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $152,654K ÷ $1,317,700K
= 11.58%

Inter Parfums, Inc.'s net profit margin has shown a generally increasing trend over the past five years, reflecting the company's ability to effectively manage costs and generate profits from its operations. The net profit margin increased from 8.44% in 2019 to 11.59% in 2023, indicating improved profitability. This growth suggests that the company has been efficiently controlling its expenses and maximizing revenues relative to its net income. The consistent upward trajectory of the net profit margin points towards Inter Parfums, Inc.'s enhanced operational efficiency and financial performance. Overall, the trend in the net profit margin showcases the company's capacity to maintain and increase profitability over time.