Par Pacific Holdings Inc (PARR)

Net 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
Net income (ttm)	US$ in thousands	-33,322	311,697	475,626	487,001	728,642	524,037	620,018	739,130	364,189	287,556	101,962	-156,121	-81,297	-221,301	-317,374	-248,976	-409,086	-241,729	-311,349	-242,620
Revenue (ttm)	US$ in thousands	7,974,460	8,325,750	8,761,130	8,527,590	8,231,960	7,857,330	7,334,300	7,656,700	7,321,780	6,806,420	6,060,510	5,171,700	4,710,090	4,132,075	3,511,686	2,809,467	3,124,867	3,808,492	4,520,151	5,414,260
Net profit margin		-0.42%	3.74%	5.43%	5.71%	8.85%	6.67%	8.45%	9.65%	4.97%	4.22%	1.68%	-3.02%	-1.73%	-5.36%	-9.04%	-8.86%	-13.09%	-6.35%	-6.89%	-4.48%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-33,322K ÷ $7,974,460K
= -0.42%

The net profit margin of Par Pacific Holdings Inc has shown fluctuations over the past few years. Starting from March 2020 to December 2024, the company experienced negative net profit margins, indicating that its expenses exceeded its revenues during those periods. However, a notable improvement began in March 2022 when the net profit margin turned positive and continued to increase steadily until June 2023. Despite a slight dip in September 2023, the company's net profit margin recovered in December 2023 and remained positive until June 2024.

The positive trend in net profit margin reflects an improvement in the company's profitability and efficiency in managing costs relative to its revenue. It is essential for Par Pacific Holdings Inc to sustain this positive trajectory to ensure long-term financial health and create value for its stakeholders.