N-Able Inc (NABL)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 23,412 | 21,046 | 15,327 | 15,145 | 16,707 | 7,976 | 9,555 | 5,690 |
| Revenue (ttm) | US$ in thousands | 423,324 | 410,532 | 396,492 | 382,039 | 373,927 | 365,298 | 360,194 | 353,907 |
| Net profit margin | 5.53% | 5.13% | 3.87% | 3.96% | 4.47% | 2.18% | 2.65% | 1.61% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $23,412K ÷ $423,324K
= 5.53%
The net profit margin of N-Able Inc has shown some variability in recent quarters. It increased from 4.47% in the fourth quarter of 2022 to 5.53% in the first quarter of 2023 before declining slightly to 5.13% in the second quarter. The net profit margin then decreased further to 3.87% in the third quarter before rising to 3.96% in the most recent quarter.
Overall, despite some fluctuations, the net profit margin of N-Able Inc has generally been on an upward trend since the first quarter of 2022. It is important to closely monitor this trend to assess the company's profitability and efficiency in generating net income relative to its revenue.
Peer comparison
Dec 31, 2023