Insperity Inc (NSP)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 171,382 | 179,350 | 124,080 | 138,237 | 151,099 |
| Revenue | US$ in thousands | 6,458,730 | 5,924,610 | 4,965,610 | 4,278,990 | 4,307,160 |
| Net profit margin | 2.65% | 3.03% | 2.50% | 3.23% | 3.51% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $171,382K ÷ $6,458,730K
= 2.65%
The net profit margin of Insperity Inc has fluctuated over the past five years, ranging from 2.49% in 2021 to 3.46% in 2019. The net profit margin indicates the percentage of revenue that translates to net income after accounting for all expenses. A higher net profit margin suggests better efficiency in managing costs relative to revenue.
The decreasing trend in the net profit margin from 2019 to 2021 may indicate challenges in managing expenses or lower pricing power. However, the slight increase in 2022 followed by another decrease in 2023 suggests fluctuating profitability levels. Investors and stakeholders may want to closely monitor future financial performance to assess the company's ability to generate profits efficiently.
Peer comparison
Dec 31, 2023