Resideo Technologies Inc (REZI)
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 | 116,000 | 175,000 | 176,000 | 196,000 | 210,000 | 167,000 | 209,000 | 253,000 | 283,000 | 311,000 | 316,000 | 280,000 | 242,000 | 234,000 | 241,000 | 107,000 | 37,000 | -31,000 | -98,000 | -33,000 |
| Revenue (ttm) | US$ in thousands | 6,761,000 | 6,440,000 | 6,166,000 | 6,179,000 | 6,242,000 | 6,265,000 | 6,329,000 | 6,413,000 | 6,370,000 | 6,264,000 | 6,142,000 | 5,933,000 | 5,846,000 | 5,893,000 | 5,759,000 | 5,311,000 | 5,071,000 | 4,874,000 | 4,738,000 | 4,951,000 |
| Net profit margin | 1.72% | 2.72% | 2.85% | 3.17% | 3.36% | 2.67% | 3.30% | 3.95% | 4.44% | 4.96% | 5.14% | 4.72% | 4.14% | 3.97% | 4.18% | 2.01% | 0.73% | -0.64% | -2.07% | -0.67% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $116,000K ÷ $6,761,000K
= 1.72%
Resideo Technologies Inc's net profit margin has displayed fluctuations over the periods provided, ranging from negative figures to positive percentages. The trend shows gradual improvement, with the margin turning positive from December 31, 2020, onwards. There was a steady increase in the net profit margin from March 31, 2021, reaching a peak of 5.14% on June 30, 2022. However, there was a slight decline in the margin in the subsequent periods, stabilizing around 2-4% from March 31, 2023, to December 31, 2024.
The positive net profit margins indicate that Resideo Technologies Inc generated profits relative to its revenue during these periods. It is important for investors to monitor this metric as it reflects the company's efficiency in managing costs and its ability to remain profitable. The fluctuations in net profit margin may be attributed to various factors such as cost management, changes in revenue, or economic conditions impacting the company's operations.