TRI Pointe Homes Inc (TPH)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 458,029 | 343,702 | 576,060 | 469,267 | 282,207 |
Revenue | US$ in thousands | 4,422,670 | 3,715,200 | 4,348,530 | 3,982,240 | 3,260,450 |
Net profit margin | 10.36% | 9.25% | 13.25% | 11.78% | 8.66% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $458,029K ÷ $4,422,670K
= 10.36%
TRI Pointe Homes Inc's net profit margin has shown a fluctuating trend over the past five years. It stood at 8.66% as of December 31, 2020, indicating that the company retained 8.66 cents of profit for every dollar of revenue generated. The margin then increased to 11.78% by December 31, 2021, suggesting an improvement in profitability.
By the end of December 31, 2022, the net profit margin further rose to 13.25%, reaching its peak during this period. This indicates that the company was effectively converting its revenue into profits during this financial year. However, in the subsequent year ending December 31, 2023, the net profit margin declined to 9.25%, reflecting a decrease in profitability compared to the previous year.
As of December 31, 2024, TRI Pointe Homes Inc's net profit margin slightly improved to 10.36%, indicating a moderate recovery in profitability. Overall, the company has demonstrated varying levels of profitability over the five-year period, with fluctuations possibly influenced by factors such as operational efficiency, cost management, and market conditions.
Peer comparison
Dec 31, 2024