N-Able Inc (NABL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 30,958 | 23,412 | 16,707 | 113 | -7,158 |
| Revenue | US$ in thousands | 462,627 | 421,880 | 371,769 | 346,456 | 302,871 |
| Net profit margin | 6.69% | 5.55% | 4.49% | 0.03% | -2.36% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $30,958K ÷ $462,627K
= 6.69%
The net profit margins of N-Able Inc have shown a positive trend over the years, reflecting improved efficiency in generating profits relative to its revenue. From a negative -2.36% in December 2020, the company's net profit margin gradually increased to 0.03% in December 2021, signaling a turnaround and a move towards profitability. Subsequently, there was a more significant improvement as the margin rose to 4.49% in December 2022, 5.55% in December 2023, and further increased to 6.69% by December 2024. This indicates that N-Able Inc has been able to effectively manage its expenses and increase its bottom-line profitability, showcasing a positive trajectory in its financial performance over the years.
Peer comparison
Dec 31, 2024