National Presto Industries Inc (NPK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 41,460 | 34,559 | 20,699 | 25,654 | 46,958 |
| Revenue | US$ in thousands | 388,228 | 340,912 | 321,623 | 355,777 | 352,627 |
| Net profit margin | 10.68% | 10.14% | 6.44% | 7.21% | 13.32% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $41,460K ÷ $388,228K
= 10.68%
The net profit margin of National Presto Industries Inc has fluctuated over the past five years, ranging from a high of 13.32% in December 2020 to a low of 6.44% in December 2022. The company experienced a decrease in its net profit margin from 2020 to 2022, which may indicate challenges in controlling costs or generating sufficient revenue during this period. However, there was an improvement in profitability in the following years, with the net profit margin increasing to 10.14% in December 2023 and further to 10.68% in December 2024. This upward trend suggests that the company may have implemented strategies to enhance its profitability and efficiency. Overall, while there have been fluctuations in National Presto Industries Inc's net profit margin, the recent improvements indicate positive developments in the company's financial performance.
Peer comparison
Dec 31, 2024