RPC Inc (RES)

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	91,444	118,941	118,462	151,056	195,113	241,859	292,882	274,808	218,363	143,697	79,623	31,958	7,217	-15,361	-37,064	-61,431	-212,192	-225,315	-278,059	-246,795
Revenue (ttm)	US$ in thousands	1,414,999	1,474,169	1,466,934	1,518,639	1,617,474	1,704,973	1,834,157	1,793,806	1,601,762	1,387,984	1,153,693	966,943	864,929	745,314	636,592	537,135	598,302	685,662	862,314	1,131,530
Net profit margin		6.46%	8.07%	8.08%	9.95%	12.06%	14.19%	15.97%	15.32%	13.63%	10.35%	6.90%	3.31%	0.83%	-2.06%	-5.82%	-11.44%	-35.47%	-32.86%	-32.25%	-21.81%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $91,444K ÷ $1,414,999K
= 6.46%

The net profit margin of RPC Inc has shown a significant improvement over the past few quarters. Starting from negative figures in March 2020 (-21.81%) and steadily decreasing until December 2021 (-35.47%), the company turned the trend around in the following quarters.

From March 2022 onwards, RPC Inc began reporting positive net profit margins, indicating better efficiency in managing costs and generating profits. The net profit margin increased consistently, reaching a peak of 15.97% in June 2023. However, there was a slight decline in profitability in the subsequent quarters, with the margin standing at 6.46% by December 2024.

Overall, the positive trend in net profit margin reflects improved financial performance and operational efficiency by RPC Inc in recent years. Efforts to control costs, boost revenues, and enhance profitability seem to be yielding results, although there was a slight dip in profitability towards the end of the analyzed period.