Ufp Industries Inc (UFPI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 414,560 | 514,312 | 692,651 | 535,640 | 246,778 |
| Revenue | US$ in thousands | 6,652,310 | 7,218,380 | 9,626,740 | 8,636,130 | 5,154,000 |
| Net profit margin | 6.23% | 7.13% | 7.20% | 6.20% | 4.79% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $414,560K ÷ $6,652,310K
= 6.23%
The net profit margin of Ufp Industries Inc has shown a positive trend over the period from December 31, 2020, to December 31, 2024. Starting at 4.79% in 2020, the net profit margin increased steadily to 7.20% by December 31, 2022, indicating the company's ability to generate more profits from its revenue. However, there was a slight decline in the net profit margin to 6.23% by December 31, 2024. Overall, Ufp Industries Inc has demonstrated strong profitability, maintaining its net profit margin above 6% for most of the period under review. This indicates efficient cost management and a healthy bottom-line performance relative to its revenue.