Taylor Morn Home (TMHC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 883,309 | 768,929 | 1,052,800 | 663,026 | 243,439 |
| Revenue | US$ in thousands | 8,168,140 | 7,417,830 | 8,224,920 | 7,501,260 | 6,129,320 |
| Net profit margin | 10.81% | 10.37% | 12.80% | 8.84% | 3.97% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $883,309K ÷ $8,168,140K
= 10.81%
Based on the data provided, the net profit margin of Taylor Morn Home has shown a positive trend over the last five years. The net profit margin increased from 3.97% as of December 31, 2020, to 10.81% as of December 31, 2024. This indicates that the company has been able to effectively control its costs and improve its profitability over the years.
The net profit margin reached its peak at 12.80% as of December 31, 2022, reflecting a strong performance in that particular year. However, there was a slight dip in the net profit margin in the following years, with it dropping to 10.37% as of December 31, 2023, before recovering to 10.81% by the end of 2024.
Overall, the increasing trend in the net profit margin suggests that Taylor Morn Home has been able to generate more profit relative to its revenue over the years, indicating efficient cost management and potential growth opportunities.
Peer comparison
Dec 31, 2024