Xpel Inc (XPEL)
Net profit margin
| 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 | 52,800 | 49,187 | 48,849 | 45,010 | 41,380 | 39,226 | 34,239 | 32,523 | 31,567 | 31,453 | 29,730 | 23,518 | 18,282 | 16,803 | 14,698 | 13,730 |
| Revenue (ttm) | US$ in thousands | 395,362 | 367,671 | 354,472 | 335,716 | 322,032 | 313,502 | 292,841 | 278,485 | 258,608 | 237,501 | 215,221 | 182,193 | 158,356 | 149,325 | 138,728 | 133,070 |
| Net profit margin | 13.35% | 13.38% | 13.78% | 13.41% | 12.85% | 12.51% | 11.69% | 11.68% | 12.21% | 13.24% | 13.81% | 12.91% | 11.54% | 11.25% | 10.59% | 10.32% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $52,800K ÷ $395,362K
= 13.35%
The net profit margin of XPEL Inc has shown consistent performance in recent quarters, ranging between 11.63% to 13.71%. This indicates that the company has been able to effectively manage its expenses relative to its revenue, resulting in a healthy level of profitability. The slight fluctuations in the net profit margin suggest a level of stability in the company's operations. Overall, the trend demonstrates a strong performance in terms of generating profits from its operations.