Proto Labs Inc (PRLB)
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 | 17,220 | -104,835 | -108,838 | -105,898 | -103,462 | 23,513 | 24,397 | 34,755 | 33,372 | 31,041 | 40,903 | 40,595 | 50,867 | 56,474 | 58,569 | 62,128 | 63,655 | 67,755 | 71,900 | 74,048 |
| Revenue (ttm) | US$ in thousands | 502,822 | 494,378 | 485,394 | 490,031 | 488,340 | 495,725 | 499,346 | 495,492 | 487,616 | 469,888 | 452,050 | 435,577 | 434,393 | 441,076 | 451,027 | 460,384 | 458,728 | 459,608 | 457,583 | 451,303 |
| Net profit margin | 3.42% | -21.21% | -22.42% | -21.61% | -21.19% | 4.74% | 4.89% | 7.01% | 6.84% | 6.61% | 9.05% | 9.32% | 11.71% | 12.80% | 12.99% | 13.49% | 13.88% | 14.74% | 15.71% | 16.41% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $17,220K ÷ $502,822K
= 3.42%
Proto Labs Inc's net profit margin has been fluctuating over the past eight quarters. The company recorded a positive net profit margin in Q4 2023 at 3.42%, indicating that it retained approximately 3.42% of its revenue as profit. However, in the previous quarter, Q3 2023, the net profit margin was negative at -21.20%, indicating that the company incurred a net loss.
The trend of negative net profit margins in the earlier quarters of 2023, such as -22.42% in Q2 and -21.61% in Q1, suggests that Proto Labs Inc faced challenges in generating profits during this period. In contrast, the company exhibited stronger profitability in the corresponding quarters of 2022, with net profit margins of 4.74% in Q3 2022, 4.88% in Q2 2022, and 7.01% in Q1 2022.
Overall, the fluctuating net profit margins indicate variability in Proto Labs Inc's ability to generate profits relative to its revenue. The negative net profit margins in some quarters highlight the importance of monitoring and managing expenses to improve profitability in the future.
Peer comparison
Dec 31, 2023