Simpson Manufacturing Company Inc (SSD)

Net profit margin

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 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 322,226 321,582 332,084 341,464 353,988 356,792 341,014 327,373 333,995 346,186 331,721 310,634 266,445 226,286 219,565 200,561 187,000 185,419 162,048 148,146
Revenue (ttm) US$ in thousands 2,231,253 2,210,675 2,203,597 2,204,118 2,207,715 2,177,144 2,150,806 2,146,344 2,106,837 2,054,135 1,897,115 1,714,148 1,566,618 1,445,325 1,412,952 1,328,784 1,265,192 1,242,584 1,188,145 1,167,566
Net profit margin 14.44% 14.55% 15.07% 15.49% 16.03% 16.39% 15.86% 15.25% 15.85% 16.85% 17.49% 18.12% 17.01% 15.66% 15.54% 15.09% 14.78% 14.92% 13.64% 12.69%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $322,226K ÷ $2,231,253K
= 14.44%

The net profit margin of Simpson Manufacturing Company Inc has shown a generally increasing trend over the period from March 31, 2020, to December 31, 2024, with some fluctuations along the way.

At the beginning of the period in March 2020, the net profit margin was 12.69%, and it increased steadily to reach its peak at 18.12% in March 31, 2022. This significant improvement indicates the company's ability to control costs and generate more profit from its revenue.

However, from June 30, 2022, to September 30, 2024, there was a slight decline in the net profit margin, dropping to 14.55% in September 30, 2024. This decline could be attributed to various factors such as increased expenses or changes in revenue streams.

Overall, despite the fluctuations in the net profit margin, Simpson Manufacturing Company Inc has managed to maintain profitability and efficiency in its operations during the period under review. Monitoring this ratio over time can provide valuable insights into the company's financial performance and management effectiveness.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
Simpson Manufacturing Company Inc
SSD
14.44%
Snap-On Inc
SNA
20.43%
Stanley Black & Decker Inc
SWK
-1.97%