Proto Labs Inc (PRLB)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 16,593 | 17,220 | -103,462 | 33,372 | 50,867 |
| Revenue | US$ in thousands | 500,890 | 503,877 | 488,398 | 488,098 | 434,395 |
| Net profit margin | 3.31% | 3.42% | -21.18% | 6.84% | 11.71% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $16,593K ÷ $500,890K
= 3.31%
The net profit margin of Proto Labs Inc has displayed fluctuating performance over the past five years. In December 2020, the net profit margin stood at 11.71%, indicating that the company was able to convert 11.71% of its total revenue into net profit. However, this margin decreased to 6.84% by December 2021, reflecting a decline in profitability.
The trend worsened significantly by December 2022, with a negative net profit margin of -21.18%, implying that the company incurred a loss rather than generating profits. This sharp decline could raise concerns about the company's profitability and cost management during that period.
Proto Labs Inc managed to recover slightly by December 2023, achieving a net profit margin of 3.42%, indicating a positive but modest return to profitability. Additionally, the margin remained relatively stable in December 2024 at 3.31%, suggesting that the company was able to maintain a consistent level of profitability.
Overall, the fluctuating net profit margin of Proto Labs Inc over the analyzed period highlights the company's challenges in maintaining stable profitability, which could be influenced by various factors such as changes in revenue, expenses, and operational efficiency. Further analysis and monitoring of this metric are warranted to assess the company's financial health and performance going forward.
Peer comparison
Dec 31, 2024