VeriSign Inc (VRSN)
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 | 785,700 | 858,900 | 846,100 | 833,000 | 817,600 | 732,400 | 713,400 | 695,000 | 673,800 | 824,430 | 811,530 | 791,930 | 784,830 | 612,014 | 626,393 | 631,172 | 814,888 | 805,899 | 788,833 | 783,888 |
Revenue (ttm) | US$ in thousands | 1,557,400 | 1,542,400 | 1,528,100 | 1,513,000 | 1,493,100 | 1,481,900 | 1,462,500 | 1,442,400 | 1,424,900 | 1,396,000 | 1,373,400 | 1,350,900 | 1,327,600 | 1,307,632 | 1,291,211 | 1,276,176 | 1,265,100 | 1,255,311 | 1,245,853 | 1,237,777 |
Net profit margin | 50.45% | 55.69% | 55.37% | 55.06% | 54.76% | 49.42% | 48.78% | 48.18% | 47.29% | 59.06% | 59.09% | 58.62% | 59.12% | 46.80% | 48.51% | 49.46% | 64.41% | 64.20% | 63.32% | 63.33% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $785,700K ÷ $1,557,400K
= 50.45%
VeriSign Inc has exhibited fluctuations in its net profit margin over the specified time period, ranging from a high of 64.41% in December 31, 2020, to a low of 46.80% in September 30, 2021. The company's net profit margin gradually declined from 64.41% in December 31, 2020, to 46.80% in September 30, 2021, before experiencing a slight recovery in subsequent periods. Notably, there was a significant drop in the net profit margin from 59.06% in September 30, 2022, to 47.29% in December 31, 2022. However, the margin improved in the following quarters but remained below the levels seen in the earlier periods.
The overall trend suggests that while VeriSign Inc has been able to maintain relatively high net profit margins, there have been fluctuations that impacted the company's profitability. It is crucial for the company to continue monitoring its cost management strategies and revenue generation to sustain and potentially enhance its profitability in the future.
Peer comparison
Dec 31, 2024