TripAdvisor Inc (TRIP)
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 | 10,000 | -24,000 | -26,000 | -19,000 | 20,000 | -7,000 | -31,000 | -102,000 | -148,000 | -191,000 | -240,000 | -353,000 | -289,000 | -202,000 | -104,000 | 83,000 | 125,000 | 117,000 | 136,000 | 134,000 |
| Revenue (ttm) | US$ in thousands | 1,744,000 | 1,712,000 | 1,638,000 | 1,561,000 | 1,451,000 | 1,337,000 | 1,180,000 | 998,000 | 860,000 | 731,000 | 578,000 | 402,000 | 566,000 | 797,000 | 1,086,000 | 1,459,000 | 1,557,000 | 1,568,000 | 1,599,000 | 1,611,000 |
| Net profit margin | 0.57% | -1.40% | -1.59% | -1.22% | 1.38% | -0.52% | -2.63% | -10.22% | -17.21% | -26.13% | -41.52% | -87.81% | -51.06% | -25.35% | -9.58% | 5.69% | 8.03% | 7.46% | 8.51% | 8.32% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $10,000K ÷ $1,744,000K
= 0.57%
The net profit margin of TripAdvisor Inc. has exhibited fluctuating trends in recent quarters. In Q4 2023, the net profit margin stood at 0.56%, reflecting a modest profitability level. However, in the previous quarter (Q3 2023), the company faced a negative net profit margin of -1.37%, indicating a loss-making period. This negative trend continued in Q2 2023 and Q1 2023, with net profit margins of -1.55% and -1.19% respectively.
Comparing to the same quarters in the previous year, TripAdvisor Inc. showed varying performance. In Q4 2022, the company had a net profit margin of 1.34%, indicating a profitable quarter. However, Q3 2022 and Q2 2022 saw negative net profit margins of -0.51% and -2.53% respectively. The lowest net profit margin was recorded in Q1 2022 at -9.80%, signifying significant financial challenges.
Overall, the net profit margin of TripAdvisor Inc. has shown volatility in recent quarters, with periods of profitability interspersed with losses. It is crucial for the company to focus on improving operational efficiencies and cost management to enhance profitability and ensure a sustainable financial performance in the future.
Peer comparison
Dec 31, 2023