Simpson Manufacturing Company Inc (SSD)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 322,224 | 353,987 | 333,995 | 266,447 | 187,000 |
| Revenue | US$ in thousands | 2,230,640 | 2,207,600 | 2,106,880 | 1,564,670 | 1,265,190 |
| Net profit margin | 14.45% | 16.03% | 15.85% | 17.03% | 14.78% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $322,224K ÷ $2,230,640K
= 14.45%
Simpson Manufacturing Company Inc's net profit margin has demonstrated a generally positive trend over the past five years. Starting at 14.78% on December 31, 2020, it increased steadily to reach 17.03% by December 31, 2021. However, in the following years, there was some fluctuation in the net profit margin, with values of 15.85% on December 31, 2022, 16.03% on December 31, 2023, and a decrease to 14.45% by December 31, 2024.
Overall, the company has maintained a healthy level of net profit margin, indicating efficient cost management and strong revenue generation relative to its net income. It is essential for Simpson Manufacturing Company Inc to closely monitor its margin levels in order to sustain profitability and make informed strategic decisions.
Peer comparison
Dec 31, 2024