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