TRI Pointe Homes Inc (TPH)

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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	343,702	413,841	487,665	563,324	576,060	520,527	504,457	485,943	469,267	436,941	382,467	321,126	282,207	285,086	269,265	238,999	207,187	188,576	189,684	227,102
Revenue (ttm)	US$ in thousands	3,715,206	3,978,306	4,211,590	4,391,951	4,348,534	4,035,744	3,997,134	3,997,504	3,982,226	3,833,046	3,632,320	3,384,366	3,260,450	3,340,890	3,256,821	3,185,429	3,083,011	3,074,441	3,101,117	3,173,706
Net profit margin		9.25%	10.40%	11.58%	12.83%	13.25%	12.90%	12.62%	12.16%	11.78%	11.40%	10.53%	9.49%	8.66%	8.53%	8.27%	7.50%	6.72%	6.13%	6.12%	7.16%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $343,702K ÷ $3,715,206K
= 9.25%

Tri Pointe Homes Inc.'s net profit margin has shown a declining trend from Q1 2022 to Q4 2023. The company's net profit margin decreased from 12.16% in Q1 2022 to 9.25% in Q4 2023. This decline may indicate challenges in managing costs, increasing competition, or changes in the industry environment. It is essential for the company to closely monitor and analyze its cost structure and revenue generation to improve its profitability in the future.