Somnigroup International Inc. (SGI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 384,300 | 368,100 | 455,700 | 624,500 | 348,800 |
| Revenue | US$ in thousands | 4,930,900 | 4,925,400 | 4,921,200 | 4,930,800 | 3,676,900 |
| Net profit margin | 7.79% | 7.47% | 9.26% | 12.67% | 9.49% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $384,300K ÷ $4,930,900K
= 7.79%
Somnigroup International Inc.'s net profit margin has fluctuated over the years, ranging from 7.47% to 12.67%. The company experienced a notable increase in net profit margin from 2020 to 2021, reaching a peak of 12.67%. However, in subsequent years, the net profit margin decreased, showing a downward trend.
The net profit margin indicates the company's profitability after all expenses have been deducted from revenue. A higher net profit margin signifies more efficient cost management and higher profitability. Somnigroup International Inc. should closely monitor its expenses and revenue generation strategies to improve its net profit margin and ensure sustainable profitability in the long run.
Peer comparison
Dec 31, 2024