Saia Inc (SAIA)

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	354,857	336,491	336,169	354,095	357,422	360,321	342,139	295,368	253,235	219,710	181,540	147,520	138,340	119,523	110,952	119,571	113,719	117,680	112,907	106,115
Revenue (ttm)	US$ in thousands	2,877,988	2,783,224	2,737,815	2,788,663	2,789,396	2,750,341	2,640,762	2,466,465	2,289,386	2,149,757	2,010,987	1,856,791	1,819,754	1,786,337	1,772,393	1,818,283	1,780,974	1,744,659	1,701,913	1,666,971
Net profit margin		12.33%	12.09%	12.28%	12.70%	12.81%	13.10%	12.96%	11.98%	11.06%	10.22%	9.03%	7.94%	7.60%	6.69%	6.26%	6.58%	6.39%	6.75%	6.63%	6.37%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $354,857K ÷ $2,877,988K
= 12.33%

To analyze Saia Inc.'s net profit margin over the past eight quarters, we observe a relatively stable trend, fluctuating between 11.98% and 13.09%. The company's net profit margin peaked at 13.09% in Q3 2022 and was lowest in Q1 2022 at 11.98%. Despite some variability, the margin has generally been above 12%, indicating that Saia Inc. has consistently been able to generate profits relative to its revenue. This trend suggests that the company has been effectively managing its costs and expenses to maintain healthy profitability levels. Overall, the net profit margin performance of Saia Inc. appears to be stable and reflective of effective financial management practices.