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.