Insperity Inc (NSP)

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	171,382	190,019	183,356	204,061	179,350	150,860	140,487	132,042	124,080	118,657	111,370	138,067	138,237	154,347	160,197	136,902	151,099	155,359	165,707	161,711
Revenue (ttm)	US$ in thousands	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	4,309,370	4,201,036	4,083,718	3,963,225
Net profit margin		2.65%	2.98%	2.93%	3.34%	3.03%	2.63%	2.55%	2.51%	2.50%	2.51%	2.46%	3.18%	3.23%	3.59%	3.70%	3.12%	3.51%	3.70%	4.06%	4.08%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $171,382K ÷ $6,458,730K
= 2.65%

Insperity Inc's net profit margin has exhibited a fluctuating trend over the past eight quarters. The net profit margin ranged from a low of 2.51% in Q1 2022 to a high of 3.33% in Q1 2023. Despite the variability, the company has generally maintained a net profit margin within the range of 2.5% to 3.3%, indicating a moderate level of profitability relative to its revenue.

It is important to closely monitor the net profit margin moving forward to assess the company's ability to effectively manage costs and generate profits in a competitive business environment.