YETI Holdings Inc (YETI)
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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 169,885 | 63,554 | 66,417 | 74,598 | 89,693 | 190,312 | 197,759 | 207,738 | 212,602 | 202,115 | 200,593 | 177,844 | 155,801 | 98,149 | 68,006 | 56,747 | 50,434 | 70,861 |
| Revenue (ttm) | US$ in thousands | 1,658,713 | 1,586,916 | 1,586,911 | 1,604,390 | 1,595,222 | 1,590,351 | 1,519,438 | 1,457,063 | 1,410,989 | 1,343,632 | 1,275,592 | 1,164,863 | 1,091,721 | 1,013,555 | 948,077 | 932,793 | 913,734 | 857,311 |
| Net profit margin | 10.24% | 4.00% | 4.19% | 4.65% | 5.62% | 11.97% | 13.02% | 14.26% | 15.07% | 15.04% | 15.73% | 15.27% | 14.27% | 9.68% | 7.17% | 6.08% | 5.52% | 8.27% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $169,885K ÷ $1,658,713K
= 10.24%
The net profit margin of YETI Holdings Inc has shown fluctuations over the periods presented. It ranged from a high of 15.73% in June 2021 to a low of 4.00% in September 2023. The trend indicates that the company's profitability has varied, with higher margins in the earlier periods gradually declining but showing some recovery towards the most recent period in December 2023. However, it is important to note that the company's net profit margin has generally remained above 5% over the periods analyzed, indicating a consistent ability to generate profits relative to its revenue. This metric is important as it reflects the company's efficiency in managing costs and expenses to generate net income from its operations.
Peer comparison
Dec 31, 2023