Insulet Corporation (PODD)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	418,300	206,300	4,600	16,800	6,800
Revenue	US$ in thousands	2,071,600	1,697,100	1,305,300	1,098,800	904,400
Net profit margin		20.19%	12.16%	0.35%	1.53%	0.75%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $418,300K ÷ $2,071,600K
= 20.19%

Insulet Corporation's net profit margin has experienced fluctuations over the years based on the provided data. In December 31, 2020, the net profit margin was 0.75%, indicating that for every dollar of revenue generated, the company retained $0.0075 as profit. Over the following years, there was a notable increase in the net profit margin, reaching 1.53% by December 31, 2021. However, in December 31, 2022, the net profit margin dropped to 0.35%, suggesting a decrease in profitability.

The most significant improvement occurred in December 31, 2023, with a substantial increase in the net profit margin to 12.16%. This significant improvement implies that the company was able to effectively manage its costs and expenses, resulting in a higher proportion of revenue being retained as profit. By December 31, 2024, the net profit margin surged to 20.19%, indicating a remarkable profitability level for the company.

Overall, the analysis shows a mix of fluctuations and improvements in Insulet Corporation's net profit margin over the years, with a notable increase in profitability from 2022 to 2024.