RPC Inc (RES)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 91,444 | 195,113 | 218,363 | 7,217 | -212,192 |
| Revenue | US$ in thousands | 1,415,000 | 1,617,470 | 1,601,760 | 864,929 | 598,302 |
| Net profit margin | 6.46% | 12.06% | 13.63% | 0.83% | -35.47% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $91,444K ÷ $1,415,000K
= 6.46%
To analyze RPC Inc's net profit margin over the years, we observe a significant improvement in profitability from a negative margin of -35.47% in December 2020 to a positive margin of 6.46% in December 2024. This upward trend indicates the company's enhanced ability to convert revenue into profits over time. Despite a slight decrease from 2023 to 2024, the positive net profit margins in the last years suggest effective cost management and operational efficiency, positioning RPC Inc favorably in terms of profitability. It is essential for the company to sustain its positive trajectory to ensure continued financial strength and long-term sustainability.
Peer comparison
Dec 31, 2024