TRI Pointe Homes Inc (TPH)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	343,702	576,060	469,267	282,207	207,187
Revenue	US$ in thousands	3,715,200	4,348,530	3,982,240	3,260,450	3,083,020
Net profit margin		9.25%	13.25%	11.78%	8.66%	6.72%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $343,702K ÷ $3,715,200K
= 9.25%

Tri Pointe Homes Inc.'s net profit margin has displayed fluctuations over the past five years. The margin shows a positive trend from 2019 to 2023, indicating an improvement in the company's profitability over this period. In 2019, the net profit margin stood at 6.72%, increasing consistently to reach 9.25% by the end of 2023. This upward trajectory suggests that Tri Pointe Homes Inc. has been effectively managing its expenses and boosting its revenue generation, resulting in stronger profitability. It is worth noting that the company experienced a peak net profit margin of 13.25% in 2022, reflecting a particularly profitable period. Overall, the progressive increase in the net profit margin demonstrates Tri Pointe Homes Inc.'s efforts to enhance its operational efficiency and achieve better financial performance.