ZoomInfo Technologies Inc (ZI)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 29,100 | 107,300 | 63,200 | 116,800 | -4,000 |
Revenue | US$ in thousands | 1,213,600 | 1,190,000 | 1,050,400 | 695,600 | 392,000 |
Net profit margin | 2.40% | 9.02% | 6.02% | 16.79% | -1.02% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $29,100K ÷ $1,213,600K
= 2.40%
ZoomInfo Technologies Inc's net profit margin has shown fluctuations over the past five years. In December 2020, the company reported a negative net profit margin of -1.02%, indicating that expenses exceeded revenues during that period. However, there was a significant improvement by December 2021, with the net profit margin increasing to 16.79%, reflecting a substantial increase in profitability.
In the following years, ZoomInfo's net profit margin experienced fluctuations. In December 2022, the net profit margin decreased to 6.02%, suggesting a relative decline in profitability compared to the previous year. However, by December 2023, the net profit margin improved to 9.02%, indicating a partial recovery in profitability.
The net profit margin decreased again by December 2024 to 2.40%, signaling a decline in profitability from the prior year. Overall, while the company has shown variability in its net profit margin over the years, it is essential for ZoomInfo Technologies Inc to focus on managing costs and enhancing revenue generation strategies to sustain and improve profitability in the future.
Peer comparison
Dec 31, 2024