Gentherm Inc (THRM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 64,947 | 40,343 | 24,441 | 93,434 | 59,690 |
| Revenue | US$ in thousands | 1,452,030 | 1,447,650 | 1,192,770 | 1,044,070 | 902,575 |
| Net profit margin | 4.47% | 2.79% | 2.05% | 8.95% | 6.61% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $64,947K ÷ $1,452,030K
= 4.47%
The net profit margin of Gentherm Inc has shown some fluctuations over the past five years. It stood at 6.61% on December 31, 2020, increasing to 8.95% by December 31, 2021. However, there was a significant decrease to 2.05% by December 31, 2022, before a slight improvement to 2.79% by December 31, 2023. The most recent data point on December 31, 2024, shows a net profit margin of 4.47%.
This trend indicates some level of volatility in the company's ability to convert revenue into profit over the years, as seen through the fluctuations in the net profit margin. It is important for stakeholders to closely monitor this metric to assess the company's efficiency in managing costs and generating profits from its operations. Further analysis of the underlying factors driving these changes in the net profit margin would provide valuable insights into the company's financial performance.
Peer comparison
Dec 31, 2024