Clear Secure Inc (YOU)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 169,676 | 80,365 | 72,246 | 56,583 | 29,504 | -3,231 | -84,136 | -99,747 | -110,268 | -108,671 | -60,027 | -54,876 | -49,210 | -23,593 | 4,465 | 28,815 | -9,310 |
| Revenue (ttm) | US$ in thousands | 770,488 | 735,183 | 697,146 | 660,272 | 613,579 | 570,867 | 526,399 | 479,251 | 437,434 | 389,840 | 341,479 | 293,934 | 253,953 | 226,449 | 215,266 | 220,066 | 230,796 |
| Net profit margin | 22.02% | 10.93% | 10.36% | 8.57% | 4.81% | -0.57% | -15.98% | -20.81% | -25.21% | -27.88% | -17.58% | -18.67% | -19.38% | -10.42% | 2.07% | 13.09% | -4.03% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $169,676K ÷ $770,488K
= 22.02%
Clear Secure Inc's net profit margin has shown significant variability over the past few years, ranging from negative figures to positive percentages.
- The company experienced a negative net profit margin in the range of -27.88% to -4.03% in the period from September 2022 to December 2020.
- The net profit margin then improved significantly, reaching positive figures from March 2023 onwards, with values ranging from 4.81% to 22.02% as of December 2024.
This fluctuation indicates that Clear Secure Inc has had periods of profitability challenges followed by a notable recovery in its profitability performance. It is essential for the company to continue monitoring and managing its expenses, revenues, and overall profitability to sustain its positive net profit margin trends seen in the recent quarters.
Peer comparison
Dec 31, 2024