Trimble Inc (TRMB)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,504,400 | 1,477,200 | 1,511,500 | 239,700 | 311,300 | 333,900 | 344,800 | 468,200 | 449,700 | 479,400 | 517,600 | 488,500 | 492,700 | 557,700 | 518,400 | 442,500 | 389,900 | 488,900 | 482,300 | 513,900 |
| Revenue (ttm) | US$ in thousands | 3,683,300 | 3,632,300 | 3,713,800 | 3,836,600 | 3,798,700 | 3,722,800 | 3,650,400 | 3,598,000 | 3,676,300 | 3,745,800 | 3,762,300 | 3,766,300 | 3,659,100 | 3,562,800 | 3,453,500 | 3,241,900 | 3,147,700 | 3,142,000 | 3,133,800 | 3,255,000 |
| Net profit margin | 40.84% | 40.67% | 40.70% | 6.25% | 8.19% | 8.97% | 9.45% | 13.01% | 12.23% | 12.80% | 13.76% | 12.97% | 13.47% | 15.65% | 15.01% | 13.65% | 12.39% | 15.56% | 15.39% | 15.79% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,504,400K ÷ $3,683,300K
= 40.84%
Trimble Inc's net profit margin has shown volatility over the periods analyzed. The net profit margin indicates the company's profitability after all expenses have been deducted from revenues. The range of net profit margins fluctuates between 6.25% to 40.84%, with the most recent quarters showing a significant increase in profitability.
The net profit margin reached its peak in the second half of 2024, with net profit margins of around 40%, reflecting strong profitability during that period. However, it is worth noting that there was a substantial decrease in the margin in the first quarter of 2024, dropping to 6.25%, which could be a cause for concern.
Overall, despite the fluctuations, Trimble Inc has generally maintained a healthy level of profitability over the periods analyzed. It is essential for the company to continue monitoring and managing its expenses and revenues to ensure sustained profitability in the future.
Peer comparison
Dec 31, 2024