ScanSource Inc (SCSC)
Net profit margin
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 71,548 | 67,554 | 62,929 | 78,602 | 77,060 | 79,776 | 88,191 | 81,199 | 89,809 | 90,944 | 93,249 | 90,767 | 88,798 | 92,561 | 82,133 | 44,687 | 10,795 | -230,177 | -241,562 | -216,002 |
| Revenue (ttm) | US$ in thousands | 3,040,810 | 2,974,037 | 3,021,789 | 3,159,084 | 3,259,809 | 3,460,844 | 3,593,764 | 3,720,212 | 3,787,720 | 3,802,855 | 3,763,326 | 3,616,437 | 3,529,935 | 3,420,346 | 3,304,229 | 3,250,775 | 3,150,806 | 2,934,562 | 3,077,172 | 3,255,778 |
| Net profit margin | 2.35% | 2.27% | 2.08% | 2.49% | 2.36% | 2.31% | 2.45% | 2.18% | 2.37% | 2.39% | 2.48% | 2.51% | 2.52% | 2.71% | 2.49% | 1.37% | 0.34% | -7.84% | -7.85% | -6.63% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $71,548K ÷ $3,040,810K
= 2.35%
The net profit margin of ScanSource Inc. demonstrates a notable transition from negative to positive territory over the analyzed period. Initially, during the fiscal year ending September 30, 2020, the company experienced significant losses, with a net profit margin of -6.63%, and it further declined to -7.85% by the end of 2020, reflecting challenges in profitability or potentially high costs relative to revenue. Throughout 2021, these negative margins persisted, reaching as low as -7.84% in March 2021 before beginning a recovery trend in the subsequent quarters.
Beginning in June 2021, the net profit margin turned positive at 0.34%, indicating an improvement in profitability. This upward trajectory continued into late 2021 and throughout 2022, with margins steadily increasing to a peak of approximately 2.71% in March 2022. During this period, the company maintained stable profitability, with minor fluctuations, until mid-2022, when margins slightly declined but generally remained within the 2.3% to 2.5% range through to September 2023.
From late 2023 onward, the net profit margin showed minor variability, oscillating between approximately 2.08% and 2.49%, suggesting maintained, though modest, profitability levels. Notably, there was a slight decline in margins toward September 2024, reaching 2.08%, followed by a modest recovery to 2.45% in December 2024 and fluctuations around 2.27% to 2.35% in the first half of 2025.
Overall, the progression from negative margins in 2020 to stable positive margins in subsequent years indicates a significant turnaround in profitability. The company's net profit margin has stabilized around the 2% to 2.5% range, reflecting consistent, albeit moderate, profitability levels in recent periods.
Peer comparison
Jun 30, 2025