Schneider National Inc (SNDR)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	238,500	457,800	405,400	211,700	147,000
Revenue	US$ in thousands	5,498,900	6,604,400	5,608,700	4,552,800	4,747,000
Net profit margin		4.34%	6.93%	7.23%	4.65%	3.10%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $238,500K ÷ $5,498,900K
= 4.34%

The net profit margin of Schneider National Inc has fluctuated over the past five years, ranging from 3.10% in 2019 to 7.23% in 2021. The company's net profit margin decreased to 4.65% in 2020 but then rebounded slightly to 6.93% in 2022 before dropping to 4.34% in 2023. This indicates varying levels of profitability in relation to its revenue during these years. Further analysis is needed to understand the factors influencing these fluctuations and the company's overall financial performance.