Insight Enterprises Inc (NSIT)
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 | 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 281,309 | 268,178 | 265,247 | 273,949 | 280,608 | 265,264 | 263,431 | 232,808 | 219,345 | 210,600 | 194,023 | 181,847 | 172,640 | 162,202 | 150,428 | 154,041 | 159,407 | 163,498 | 168,520 | 170,001 |
| Revenue (ttm) | US$ in thousands | 9,142,340 | 9,414,780 | 9,676,330 | 10,062,510 | 10,391,690 | 10,454,800 | 10,369,350 | 9,855,280 | 9,395,600 | 9,121,090 | 8,611,260 | 8,349,860 | 8,298,980 | 8,303,360 | 8,280,850 | 8,154,080 | 7,701,790 | 7,161,530 | 6,997,740 | 6,998,080 |
| Net profit margin | 3.08% | 2.85% | 2.74% | 2.72% | 2.70% | 2.54% | 2.54% | 2.36% | 2.33% | 2.31% | 2.25% | 2.18% | 2.08% | 1.95% | 1.82% | 1.89% | 2.07% | 2.28% | 2.41% | 2.43% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $281,309K ÷ $9,142,340K
= 3.08%
The net profit margin of Insight Enterprises Inc. has shown a fluctuating trend over the past eight quarters. In Q4 2023, the company achieved a net profit margin of 3.07%, which represents a slight increase compared to the previous quarter where it was 2.84%. This indicates that Insight Enterprises Inc. was able to generate more profit from its revenue in the most recent quarter.
Comparing the net profit margin to the same quarter of the previous year, we see a steady improvement from Q4 2022 where it was 2.69%. This demonstrates a positive trend in the company's profitability over the year.
Despite some fluctuations, the overall trend of the net profit margin for Insight Enterprises Inc. appears to be positive, showing continuous improvement and a potential increase in efficiency in converting revenue to profit. This could signify effective cost management and operational effectiveness within the company.
Peer comparison
Dec 31, 2023