Saia Inc (SAIA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 362,065 | 354,857 | 357,422 | 253,235 | 138,340 |
| Revenue | US$ in thousands | 3,209,070 | 2,881,430 | 2,789,400 | 2,289,390 | 1,819,720 |
| Net profit margin | 11.28% | 12.32% | 12.81% | 11.06% | 7.60% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $362,065K ÷ $3,209,070K
= 11.28%
Saia Inc's net profit margin has shown a positive trend over the past five years, increasing steadily from 7.60% in December 2020 to 11.28% by December 2024. The company's ability to generate profit relative to its revenue has improved consistently during this period. The peak net profit margin of 12.81% in December 2022 indicates a strong performance in terms of managing costs and increasing profitability. However, there was a slight dip in the net profit margin in December 2023, albeit still higher than the initial figures. Overall, Saia Inc has demonstrated a good ability to convert its revenue into net income, reflecting effective cost management and operational efficiency.
Peer comparison
Dec 31, 2024