Eli Lilly and Company (LLY)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	10,590,000	8,369,900	7,342,200	6,138,400	5,240,400	4,988,400	6,497,500	5,686,800	6,244,800	6,033,200	5,691,600	6,129,300	5,581,700	5,972,400	6,070,700	6,092,500	6,193,700	5,572,600	5,618,100	5,533,300
Revenue (ttm)	US$ in thousands	45,042,700	40,863,300	38,922,800	35,932,100	34,124,100	32,072,500	29,515,500	27,691,400	28,541,400	29,239,500	29,070,700	29,322,800	28,318,400	27,758,500	26,726,300	25,485,600	24,539,800	23,213,800	22,949,800	23,087,100
Net profit margin		23.51%	20.48%	18.86%	17.08%	15.36%	15.55%	22.01%	20.54%	21.88%	20.63%	19.58%	20.90%	19.71%	21.52%	22.71%	23.91%	25.24%	24.01%	24.48%	23.97%

December 31, 2024 calculation

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

Net profit margin is a key financial ratio that indicates the percentage of revenue that remains as profit after all expenses have been deducted. Looking at the historical data of Eli Lilly and Company's net profit margin, we observe fluctuations over the quarters from March 31, 2020, to December 31, 2024.

The net profit margin started at a healthy 23.97% in March 2020 and experienced slight variations, reaching a peak of 25.24% by December 2020. However, from March 2021 onwards, the net profit margin showed a declining trend, with a significant drop to 15.55% by September 30, 2023.

Subsequently, there was a recovery with an upward trajectory in the net profit margin, reaching 23.51% by December 31, 2024. This improvement suggests that Eli Lilly and Company effectively managed its expenses and operational efficiency, resulting in higher profitability.

Analyzing the net profit margin trends can provide insights into the company's financial health, efficiency in cost management, and overall profitability over the specified period.