Insperity Inc (NSP)

Gross profit margin

		Dec 31, 2024	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
Gross profit (ttm)	US$ in thousands	1,052,000	1,056,087	1,085,087	1,050,087	1,037,087	1,056,038	1,042,591	1,057,459	1,011,233	940,819	894,745	854,431	820,102	817,028	803,582	824,277	806,854	801,240	786,753	740,239
Revenue (ttm)	US$ in thousands	6,581,000	6,520,000	6,509,840	6,490,280	6,458,730	6,369,930	6,261,170	6,112,150	5,924,610	5,729,730	5,502,310	5,256,290	4,965,620	4,730,930	4,529,360	4,337,107	4,278,987	4,299,447	4,334,627	4,385,160
Gross profit margin		15.99%	16.20%	16.67%	16.18%	16.06%	16.58%	16.65%	17.30%	17.07%	16.42%	16.26%	16.26%	16.52%	17.27%	17.74%	19.01%	18.86%	18.64%	18.15%	16.88%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,052,000K ÷ $6,581,000K
= 15.99%

Insperity Inc's gross profit margin has fluctuated over the period shown in the data. It started at 16.88% on March 31, 2020, and peaked at 19.01% on March 31, 2021. However, there was a decline in the gross profit margin in the subsequent quarters, reaching a low point of 15.99% on December 31, 2024.

Overall, the trend in Insperity Inc's gross profit margin indicates some volatility, with periods of improvement followed by periods of decline. It is essential for the company to closely monitor this metric to ensure that operational efficiency and pricing strategies are optimized to maintain healthy profitability levels.