NV5 Global Inc (NVEE)
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 | 44,613 | 42,676 | 45,423 | 47,278 | 49,973 | 57,429 | 53,939 | 50,309 | 47,147 | 36,264 | 31,445 | 22,310 | 21,018 | 20,020 | 18,109 | 22,400 | 23,755 | 27,839 | 29,281 | 28,107 |
| Revenue (ttm) | US$ in thousands | 1,259,381 | 1,179,473 | 1,145,347 | 1,121,586 | 1,126,509 | 1,091,459 | 1,072,465 | 1,048,555 | 1,010,092 | 967,430 | 949,570 | 930,193 | 941,447 | 619,405 | 583,798 | 552,757 | 507,709 | 490,455 | 463,578 | 439,429 |
| Net profit margin | 3.54% | 3.62% | 3.97% | 4.22% | 4.44% | 5.26% | 5.03% | 4.80% | 4.67% | 3.75% | 3.31% | 2.40% | 2.23% | 3.23% | 3.10% | 4.05% | 4.68% | 5.68% | 6.32% | 6.40% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $44,613K ÷ $1,259,381K
= 3.54%
The net profit margin of NV5 Global Inc has fluctuated over the past few years, ranging from a high of 6.40% in March 2019 to a low of 2.23% in March 2021. The trend appears to show some variability, with the margin generally decreasing from 2019 to early 2021 before experiencing some recovery in more recent periods. It is important to note that a higher net profit margin indicates that the company is able to effectively control its costs and generate more profit from each dollar of revenue. Further analysis of the factors influencing these fluctuations in net profit margin would provide deeper insights into the company's financial performance.
Peer comparison
Dec 31, 2023