Sturm Ruger & Company Inc (RGR)
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 | 48,215 | 56,920 | 67,878 | 72,450 | 88,332 | 107,499 | 124,312 | 147,939 | 155,899 | 149,491 | 139,042 | 113,252 | 90,398 | 66,893 | 46,957 | 34,596 | 32,291 | 36,357 | 40,746 | 49,702 |
| Revenue (ttm) | US$ in thousands | 543,767 | 562,374 | 580,871 | 578,720 | 595,842 | 614,659 | 653,515 | 712,934 | 730,736 | 731,955 | 699,414 | 629,606 | 568,868 | 504,747 | 454,041 | 420,106 | 410,506 | 426,488 | 446,434 | 478,516 |
| Net profit margin | 8.87% | 10.12% | 11.69% | 12.52% | 14.82% | 17.49% | 19.02% | 20.75% | 21.33% | 20.42% | 19.88% | 17.99% | 15.89% | 13.25% | 10.34% | 8.24% | 7.87% | 8.52% | 9.13% | 10.39% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $48,215K ÷ $543,767K
= 8.87%
Sturm, Ruger & Co., Inc.'s net profit margin has been gradually decreasing over the past eight quarters, indicating a downward trend in the company's profitability. The net profit margin stood at 8.87% in Q4 2023, showing a decline from 10.12% in Q3 2023, which itself declined from 11.69% in Q2 2023. The downward trend continues with a net profit margin of 12.52% in Q1 2023. Comparing to the same quarter of the previous year, Q4 2022, the net profit margin has dropped significantly from 14.82%. This downward trend is consistent with the trend observed in preceding quarters.
The declining net profit margin can suggest various factors at play, such as increasing costs, pricing pressures, or declining sales. It could also indicate potential inefficiencies in the company's operations or the need for better cost management strategies. Investors and analysts are likely to closely monitor this trend, as sustained decreases in net profit margin could impact the company's overall financial health and shareholder value.
Peer comparison
Dec 31, 2023