Interface Inc (TILE)
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 | Jul 5, 2020 | Apr 5, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 44,517 | 346 | 4,532 | 5,553 | 19,560 | 66,002 | 62,896 | 61,589 | 55,234 | 53,024 | 47,978 | 37,176 | -71,929 | -75,113 | -54,816 | -30,026 | 79,200 | 69,163 | 51,125 | 42,228 |
| Revenue (ttm) | US$ in thousands | 1,237,937 | 1,242,993 | 1,260,160 | 1,278,311 | 1,263,671 | 1,272,814 | 1,257,784 | 1,205,865 | 1,170,717 | 1,102,204 | 1,075,866 | 1,047,874 | 1,090,039 | 1,165,797 | 1,228,930 | 1,320,123 | 1,322,849 | 1,320,426 | 1,292,124 | 1,225,053 |
| Net profit margin | 3.60% | 0.03% | 0.36% | 0.43% | 1.55% | 5.19% | 5.00% | 5.11% | 4.72% | 4.81% | 4.46% | 3.55% | -6.60% | -6.44% | -4.46% | -2.27% | 5.99% | 5.24% | 3.96% | 3.45% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $44,517K ÷ $1,237,937K
= 3.60%
Based on the data provided, Interface Inc.'s net profit margin has displayed some fluctuations over the past eight quarters. The net profit margin is a measure of profitability that reflects the company's ability to translate revenue into profit after accounting for all expenses.
In Q4 2023, the net profit margin was 3.53%, showing a significant improvement from the previous quarter where it was at just 0.06%. However, compared to the same quarter in the prior year, the net profit margin has decreased from 5.01% in Q4 2022.
Overall, the net profit margin for Interface Inc. has been relatively stable ranging from 0.37% to 5.01% over the past eight quarters. It is important for the company to continue monitoring and managing its expenses effectively to sustain and potentially improve its profitability in the future.
Peer comparison
Dec 31, 2023