Repligen Corporation (RGEN)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	41,577	185,959	128,291	59,926	21,411
Revenue	US$ in thousands	624,137	800,374	657,807	354,127	255,303
Net profit margin		6.66%	23.23%	19.50%	16.92%	8.39%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $41,577K ÷ $624,137K
= 6.66%

The net profit margin of Repligen Corp. has shown some fluctuation over the past five years. In 2023, the net profit margin decreased to 6.51% from the highest level of 23.20% in 2022. This significant decrease may raise concerns about the company's ability to effectively control its expenses relative to its revenue generation in the most recent year. It is important to further analyze the reasons behind this decline in profitability and assess whether it is a temporary deviation or a concerning trend in the company's financial performance. Additionally, comparing the company's current net profit margin to its historical performance can provide valuable insights into its financial stability and operational efficiency.