TripAdvisor Inc (TRIP)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 5,000 | 10,000 | 20,000 | -148,000 | -289,000 |
| Revenue | US$ in thousands | 1,835,000 | 1,788,000 | 1,492,000 | 902,000 | 604,000 |
| Net profit margin | 0.27% | 0.56% | 1.34% | -16.41% | -47.85% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $5,000K ÷ $1,835,000K
= 0.27%
The net profit margin of TripAdvisor Inc has shown a significant improvement over the years based on the data provided. In December 31, 2020, the net profit margin was at a substantial negative rate of -47.85%, indicating the company was facing significant losses relative to its revenue. However, by December 31, 2021, the net profit margin had improved to -16.41%, showing some progress in reducing losses.
By December 31, 2022, the net profit margin turned positive at 1.34%, marking a significant milestone for the company as it began generating profits relative to its revenue. The positive trend continued into December 31, 2023, with the net profit margin increasing to 0.56%, indicating further improvement in profitability.
By the end of December 31, 2024, the net profit margin continued to increase to 0.27%, reflecting the company's continued efforts in enhancing profitability over time. This positive trend suggests that TripAdvisor Inc has been successful in managing its costs and increasing its efficiency in generating profits from its operations.
Peer comparison
Dec 31, 2024