Verra Mobility Corp (VRRM)
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 | 31,448 | 101,126 | 96,702 | 81,587 | 57,015 | 82,211 | 76,479 | 87,012 | 92,475 | 83,323 | 86,053 | 60,404 | 41,449 | 20,967 | 347 | -19,033 | -3,445 | 7,151 | 18,217 | 37,196 |
Revenue (ttm) | US$ in thousands | 879,207 | 868,720 | 853,102 | 835,137 | 817,310 | 792,367 | 780,090 | 763,116 | 741,598 | 725,508 | 689,947 | 631,117 | 550,590 | 480,773 | 415,586 | 366,738 | 393,593 | 405,891 | 437,223 | 466,989 |
Net profit margin | 3.58% | 11.64% | 11.34% | 9.77% | 6.98% | 10.38% | 9.80% | 11.40% | 12.47% | 11.48% | 12.47% | 9.57% | 7.53% | 4.36% | 0.08% | -5.19% | -0.88% | 1.76% | 4.17% | 7.97% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $31,448K ÷ $879,207K
= 3.58%
The net profit margin of Verra Mobility Corp has shown fluctuations over the years, with some periods exhibiting healthy profitability while others experiencing declines.
From March 31, 2020, to June 30, 2021, the net profit margin was positive, although it varied from a high of 7.97% in March 2020 to a low of 0.08% in June 2021. This period suggests some level of stability in the company's profitability.
However, from March 31, 2021, to December 31, 2024, the net profit margin fluctuated significantly, with some quarters showing negative margins. The lowest point was in March 2021, with a net profit margin of -5.19%, indicating losses.
The net profit margin started to improve from March 31, 2022, reaching a peak of 12.47% in June 2022. Subsequently, the margins remained relatively high until December 31, 2024, when there was a notable decrease to 3.58%.
Overall, the trend in the net profit margin of Verra Mobility Corp shows a mix of positive and negative periods, reflecting varying levels of profitability and financial performance over the analyzed quarters. Further analysis of the company's operations and financial strategies may be necessary to understand the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024