Perdoceo Education Corp (PRDO)

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	147,590	133,314	136,366	152,610	147,652	146,419	127,179	98,273	95,867	104,378	110,080	110,962	109,637	112,222	124,393	125,911	124,264	124,729	103,023	74,297
Revenue (ttm)	US$ in thousands	681,263	652,751	662,846	682,670	710,004	738,230	726,727	707,847	695,208	678,922	684,500	692,355	693,034	704,334	699,462	699,958	687,314	674,606	660,439	640,845
Net profit margin		21.66%	20.42%	20.57%	22.35%	20.80%	19.83%	17.50%	13.88%	13.79%	15.37%	16.08%	16.03%	15.82%	15.93%	17.78%	17.99%	18.08%	18.49%	15.60%	11.59%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $147,590K ÷ $681,263K
= 21.66%

Perdoceo Education Corp's net profit margin has shown fluctuation over the reported periods from March 31, 2020, to December 31, 2024. The net profit margin indicates the company's profitability after all expenses have been deducted from its revenues.

The trend of Perdoceo's net profit margin shows an increase from 11.59% in March 2020 to a peak of 22.35% in March 2024. This upward trend suggests an improvement in the company's efficiency in generating profits relative to its revenue during this period.

However, there were some fluctuations in the margin over the reporting periods, with slight declines seen in some quarters. For instance, there was a decrease from the high of 22.35% in March 2024 to 20.57% in June 2024, followed by a slight dip to 20.42% in September 2024. These decreases may have been influenced by various factors affecting the company's revenue and expenses during those specific quarters.

Overall, the net profit margin of Perdoceo Education Corp has demonstrated a generally positive trend, indicating the company's ability to efficiently convert its revenue into profits. Investors and stakeholders may view this trend favorably as it reflects the company's ability to manage its costs effectively and generate healthy profits.