Interface Inc (TILE)
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 | Jul 5, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 86,946 | 84,735 | 66,171 | 59,410 | 44,517 | 346 | 4,532 | 5,553 | 19,560 | 66,002 | 62,896 | 61,589 | 55,234 | 53,024 | 47,978 | 37,176 | 34,947 | -86,836 | -194,916 | -183,193 |
| Revenue (ttm) | US$ in thousands | 1,315,658 | 1,305,766 | 1,272,502 | 1,255,449 | 1,261,498 | 1,271,935 | 1,288,686 | 1,305,709 | 1,297,919 | 1,302,010 | 1,286,960 | 1,235,140 | 1,200,398 | 1,137,698 | 1,103,633 | 1,068,352 | 1,074,596 | 1,085,819 | 1,095,346 | 1,175,324 |
| Net profit margin | 6.61% | 6.49% | 5.20% | 4.73% | 3.53% | 0.03% | 0.35% | 0.43% | 1.51% | 5.07% | 4.89% | 4.99% | 4.60% | 4.66% | 4.35% | 3.48% | 3.25% | -8.00% | -17.79% | -15.59% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $86,946K ÷ $1,315,658K
= 6.61%
Interface Inc's net profit margin has shown a varying trend over the period covered. The company experienced negative net profit margins in the mid-2020s, indicating that its expenses were surpassing its revenue during that time. However, from December 2020 onwards, the net profit margin started to turn positive, showing a gradual improvement in profitability.
The trend continued to strengthen throughout 2021 and into 2022, with the net profit margin consistently increasing. Although there was a slight dip in the net profit margin in December 2022 and the first quarter of 2023, it rebounded in the subsequent periods, reaching its peak at 6.61% by the end of December 2024.
The positive trend in net profit margin indicates that Interface Inc has been effectively managing its costs and boosting its profitability over the analyzed period. This improvement suggests that the company may be making strategic decisions to enhance its financial performance and create value for its stakeholders.
Peer comparison
Dec 31, 2024