Perficient Inc (PRFT)

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	99,000	102,300	102,700	104,082	104,418	82,447	76,843	65,634	52,091	55,983	44,764	34,800	30,181	33,552	37,154	39,073	37,125	32,810	29,336	26,657
Revenue (ttm)	US$ in thousands	906,505	918,304	922,718	914,351	905,062	887,193	852,099	813,497	760,727	708,551	669,372	631,575	607,796	590,401	581,744	577,274	565,527	552,070	531,319	511,248
Net profit margin		10.92%	11.14%	11.13%	11.38%	11.54%	9.29%	9.02%	8.07%	6.85%	7.90%	6.69%	5.51%	4.97%	5.68%	6.39%	6.77%	6.56%	5.94%	5.52%	5.21%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $99,000K ÷ $906,505K
= 10.92%

Perficient Inc.'s net profit margin has displayed relatively stable performance over the past eight quarters. The company's net profit margin ranged from 8.07% to 11.53% during this period. In the most recent quarter, Q4 2023, Perficient Inc. achieved a net profit margin of 10.92%, which is slightly lower than the previous quarter but remains within the established range.

Overall, Perficient Inc.'s net profit margin indicates the company's ability to convert revenue into profit after accounting for all expenses. The consistent range of net profit margins suggests that Perficient Inc. has been effective in managing its costs and generating profitability over time. Further analysis would be required to understand the factors contributing to these fluctuations in the net profit margin and to assess the company's overall financial health and performance.