Pool Corporation (POOL)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 434,325 | 523,229 | 748,462 | 650,624 | 366,738 |
Revenue | US$ in thousands | 5,310,950 | 5,541,600 | 6,179,730 | 5,295,580 | 3,936,620 |
Net profit margin | 8.18% | 9.44% | 12.11% | 12.29% | 9.32% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $434,325K ÷ $5,310,950K
= 8.18%
The net profit margin of Pool Corporation has shown some fluctuations over the past five years. It increased from 9.32% in December 2020 to 12.29% in December 2021, indicating improved profitability. However, in the following years, the net profit margin slightly decreased to 12.11% in December 2022, then dropped to 9.44% in December 2023, and further decreased to 8.18% in December 2024. The declining trend in the net profit margin suggests that Pool Corporation may be experiencing challenges in maintaining its profitability levels and controlling costs effectively. Further analysis of the company's financial performance and cost management strategies may be necessary to address these declines and ensure sustainable profitability in the future.