Upbound Group Inc. (UPBD)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 123,478 | -5,179 | 12,357 | 134,940 | 208,115 |
| Revenue | US$ in thousands | 4,320,560 | 3,992,410 | 4,245,390 | 4,583,450 | 2,814,190 |
| Net profit margin | 2.86% | -0.13% | 0.29% | 2.94% | 7.40% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $123,478K ÷ $4,320,560K
= 2.86%
The net profit margin of Upbound Group Inc. has shown fluctuations over the past five years. Starting at 7.40% on December 31, 2020, it decreased to 2.94% by December 31, 2021, and further declined to 0.29% by December 31, 2022. However, the net profit margin turned negative at -0.13% on December 31, 2023, indicating that the company incurred a loss relative to its revenue.
On a positive note, there was a notable recovery in the net profit margin in the following year, reaching 2.86% by December 31, 2024. This improvement suggests that Upbound Group Inc. managed to enhance its profitability compared to the previous year's negative margin. Despite the fluctuations, it is essential for the company to focus on maintaining and increasing its net profit margin over time to ensure sustainable profitability and financial health.
Peer comparison
Dec 31, 2024