Simpson Manufacturing Company Inc (SSD)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 133,982 | 118,682 | 119,357 | 123,866 |
| Revenue (ttm) | US$ in thousands | 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 | 1,142,046 | 1,123,770 | 1,098,420 | 1,100,807 |
| Net profit margin | 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% | 11.73% | 10.56% | 10.87% | 11.25% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $353,988K ÷ $2,207,715K
= 16.03%
Simpson Manufacturing Co., Inc.'s net profit margin has shown a consistent trend over the past eight quarters. In Q4 2023, the company's net profit margin stood at 15.99%, which was slightly lower than the margins in the previous three quarters. This decrease may indicate a potential slowdown in profitability during this period.
Comparing the current net profit margin with the same quarter of the previous year, there seems to be stability as the margin in Q4 2023 was the same as in Q4 2022 at 15.78%. This suggests that the company has been able to maintain profitability levels year-over-year despite a slight decline in the most recent quarter.
Overall, Simpson Manufacturing Co., Inc.'s net profit margin has shown moderate fluctuations within a narrow range over the past two years, indicating relative stability in the company's ability to convert revenues into profits. Further analysis of the company's cost structure and revenue streams may provide insights into the factors influencing its profitability performance.
Peer comparison
Dec 31, 2023