Yelp Inc (YELP)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 132,850 | 99,173 | 36,347 | 39,671 | -19,424 |
| Revenue | US$ in thousands | 1,412,060 | 1,337,060 | 1,193,510 | 1,031,840 | 872,933 |
| Net profit margin | 9.41% | 7.42% | 3.05% | 3.84% | -2.23% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $132,850K ÷ $1,412,060K
= 9.41%
Yelp Inc's net profit margin has shown a positive trend over the years, indicating improving profitability. From a negative net profit margin of -2.23% as of December 31, 2020, the company achieved a significant turnaround with a net profit margin of 9.41% as of December 31, 2024. This upward trajectory suggests that Yelp has been effectively managing its costs and generating higher profits relative to its revenue. The company's ability to consistently increase its net profit margin reflects positively on its overall financial performance and efficiency in converting sales into profits.
Peer comparison
Dec 31, 2024