ePlus inc (PLUS)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 115,776 | 126,647 | 135,059 | 130,864 | 119,356 | 110,747 | 101,477 | 104,421 | 105,600 | 96,908 | 92,122 | 80,555 | 74,397 | 72,090 | 70,002 | 70,254 | 69,082 | 70,888 | 66,202 | 64,107 |
| Revenue (ttm) | US$ in thousands | 2,225,302 | 2,163,018 | 2,277,439 | 2,183,534 | 2,067,718 | 2,027,060 | 1,898,418 | 1,862,729 | 1,821,019 | 1,722,107 | 1,654,877 | 1,629,941 | 1,568,323 | 1,582,192 | 1,583,579 | 1,562,063 | 1,588,404 | 1,547,362 | 1,464,035 | 1,397,513 |
| Net profit margin | 5.20% | 5.86% | 5.93% | 5.99% | 5.77% | 5.46% | 5.35% | 5.61% | 5.80% | 5.63% | 5.57% | 4.94% | 4.74% | 4.56% | 4.42% | 4.50% | 4.35% | 4.58% | 4.52% | 4.59% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $115,776K ÷ $2,225,302K
= 5.20%
The net profit margin of ePlus inc has shown a generally stable trend over the past few quarters. The company's net profit margin has ranged between 4.42% and 5.99% over the past five quarters, with an average of around 5.5%.
Despite some fluctuations, the net profit margin has mostly stayed within a narrow range, indicating consistent profitability relative to revenue. This stability suggests that ePlus inc has been effectively managing its costs and operating efficiently to generate profits.
It is worth noting that the company's net profit margin improved slightly in the most recent quarter, reaching 5.20%, compared to the previous quarter's 5.86%. This improvement may be a positive indication of the company's ability to enhance profitability.
Overall, ePlus inc's net profit margin reflects a relatively healthy financial performance, although management may still need to focus on maintaining or further improving margins in order to sustain long-term profitability.
Peer comparison
Mar 31, 2024