Maximus Inc (MMS)

Net profit margin

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	306,914	293,556	234,667	185,945	161,792	171,713	172,185	190,493	203,828	186,775	249,935	280,453	291,200	302,847	272,816	219,852	214,509	210,937	209,371	243,645
Revenue (ttm)	US$ in thousands	5,306,200	5,250,280	5,124,030	4,982,520	4,904,730	4,821,810	4,758,910	4,729,390	4,631,020	4,560,120	4,677,860	4,459,810	4,254,484	4,072,190	3,730,007	3,588,862	3,461,537	3,292,667	3,122,040	3,040,425
Net profit margin		5.78%	5.59%	4.58%	3.73%	3.30%	3.56%	3.62%	4.03%	4.40%	4.10%	5.34%	6.29%	6.84%	7.44%	7.31%	6.13%	6.20%	6.41%	6.71%	8.01%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $306,914K ÷ $5,306,200K
= 5.78%

The net profit margin of Maximus Inc has shown fluctuations over the past periods, ranging from a low of 3.30% in Sep 30, 2023, to a high of 8.01% in Dec 31, 2019. The trend indicates some volatility with varying levels of profitability. The company experienced a gradual decrease in net profit margin from 8.01% in Dec 31, 2019, to 3.30% in Sep 30, 2023. Thereafter, the net profit margin showed a mixed pattern of improvement and decline, with a slight recovery to 5.78% in Sep 30, 2024.

A lower net profit margin suggests that Maximus Inc is generating less profit from its revenue after accounting for all expenses. This could be due to factors such as increasing costs or pricing pressure in the market. On the other hand, a higher net profit margin indicates better efficiency in cost management and higher profitability.

Overall, Maximus Inc should closely monitor its net profit margin to ensure sustainable profitability levels and consider strategies to improve operational efficiency and revenue generation.