Ufp Industries Inc (UFPI)
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 | 414,560 | 449,968 | 484,203 | 509,034 | 514,312 | 543,454 | 576,660 | 629,017 | 692,651 | 697,968 | 651,768 | 622,032 | 535,640 | 460,686 | 416,849 | 309,930 | 246,778 | 221,562 | 196,217 | 184,269 |
| Revenue (ttm) | US$ in thousands | 6,652,310 | 6,714,660 | 6,892,920 | 7,034,880 | 7,218,390 | 7,607,740 | 8,102,960 | 8,959,910 | 9,626,740 | 9,729,840 | 9,500,760 | 9,300,430 | 8,636,120 | 8,013,030 | 7,405,480 | 5,946,940 | 5,154,000 | 4,758,331 | 4,435,131 | 4,432,951 |
| Net profit margin | 6.23% | 6.70% | 7.02% | 7.24% | 7.13% | 7.14% | 7.12% | 7.02% | 7.20% | 7.17% | 6.86% | 6.69% | 6.20% | 5.75% | 5.63% | 5.21% | 4.79% | 4.66% | 4.42% | 4.16% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $414,560K ÷ $6,652,310K
= 6.23%
Ufp Industries Inc's net profit margin has shown a generally increasing trend from March 31, 2020, to December 31, 2023, with fluctuations in between. The net profit margin started at 4.16% in March 2020 and steadily increased to 7.14% by September 30, 2023. However, it slightly dipped to 6.23% by December 31, 2024.
Overall, the net profit margin of Ufp Industries Inc improved over the years, indicating effective cost management and/or revenue growth strategies implemented by the company. However, the decrease in the net profit margin in the last quarter of 2024 suggests a need for further monitoring and potential adjustments to maintain profitability levels.