Insulet Corporation (PODD)

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	206,300	120,000	62,900	600	4,600	16,800	34,600	44,600	16,800	-29,500	-30,500	8,900	6,800	28,900	18,100	5,100	11,600	16,500	17,400	14,300
Revenue (ttm)	US$ in thousands	1,697,100	1,557,000	1,465,100	1,368,000	1,305,300	1,243,300	1,178,100	1,141,900	1,098,800	1,069,800	1,016,800	968,800	904,400	835,100	788,794	743,088	704,628	660,135	628,071	575,549
Net profit margin		12.16%	7.71%	4.29%	0.04%	0.35%	1.35%	2.94%	3.91%	1.53%	-2.76%	-3.00%	0.92%	0.75%	3.46%	2.29%	0.69%	1.65%	2.50%	2.77%	2.48%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $206,300K ÷ $1,697,100K
= 12.16%

Insulet Corporation's net profit margin has exhibited variability over the past eight quarters. In Q4 2023, the company achieved a net profit margin of 12.16%, showing a significant improvement compared to the previous quarter's 7.71%. This upward trend indicates a stronger profitability performance during the most recent period.

Comparing the current net profit margin to the same quarter in the previous year (0.35% in Q4 2022), Insulet Corporation has made substantial progress in enhancing its profitability. Despite fluctuations in the interim quarters, there appears to be a positive trajectory in the company's ability to generate profits relative to its revenue.

It is worth noting that the net profit margin reached its lowest point in Q1 2023 at 0.04%, indicating a temporary decline in profitability during that period. However, the subsequent quarters show a gradual recovery, with a steady increase leading up to Q4 2023.

Overall, Insulet Corporation's net profit margin performance suggests an improving trend in profitability, with the most recent quarter demonstrating a significant leap in earnings relative to revenue. Continued monitoring of the company's financial performance will be essential to assess the sustainability of this positive momentum.