Eli Lilly and Company (LLY)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	10,590,000	5,240,400	6,244,800	5,581,700	6,193,700
Revenue	US$ in thousands	45,042,700	34,124,100	28,541,400	28,318,400	24,539,800
Net profit margin		23.51%	15.36%	21.88%	19.71%	25.24%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $10,590,000K ÷ $45,042,700K
= 23.51%

Based on the data provided, Eli Lilly and Company's net profit margin has demonstrated some fluctuations over the years. In December 31, 2020, the net profit margin was reported at 25.24%, reflecting a strong profitability for the company. However, by December 31, 2021, the net profit margin decreased to 19.71%, indicating a decline in profitability.

In the subsequent years, the net profit margin improved to 21.88% by December 31, 2022, but then dropped to 15.36% by December 31, 2023, showing volatility in the company's profitability. Nonetheless, there was a significant recovery in profitability by December 31, 2024, with the net profit margin increasing to 23.51%.

Overall, Eli Lilly and Company's net profit margin has experienced some variability, with both improvements and declines in profitability over the years. It is important for the company to closely monitor and manage its cost structure and revenue generation to ensure sustained profitability in the future.