GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nu Holdings Ltd (NYSE:NU) » Definitions » Net Margin %

Nu Holdings (Nu Holdings) Net Margin %

: 21.32% (As of Dec. 2023)
View and export this data going back to 2021. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Nu Holdings's Net Income for the three months ended in Dec. 2023 was $361 Mil. Nu Holdings's Revenue for the three months ended in Dec. 2023 was $1,693 Mil. Therefore, Nu Holdings's net margin for the quarter that ended in Dec. 2023 was 21.32%.

The historical rank and industry rank for Nu Holdings's Net Margin % or its related term are showing as below:

NU' s Net Margin % Range Over the Past 10 Years
Min: -47.65   Med: -14.08   Max: 18.3
Current: 18.3


NU's Net Margin % is ranked worse than
70.95% of 1463 companies
in the Banks industry
Industry Median: 25.5 vs NU: 18.30

Nu Holdings Net Margin % Historical Data

The historical data trend for Nu Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nu Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only -25.74 -47.65 -14.41 -12.27 18.30

Nu Holdings Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.71 12.85 16.74 20.29 21.32

Competitive Comparison

For the Banks - Regional subindustry, Nu Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nu Holdings Net Margin % Distribution

For the Banks industry and Financial Services sector, Nu Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nu Holdings's Net Margin % falls into.



Nu Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nu Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1030.53/5632.184
=18.30 %

Nu Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=360.877/1692.505
=21.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nu Holdings  (NYSE:NU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nu Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Nu Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nu Holdings (Nu Holdings) Business Description

Address
Willow House, Cricket Square, 4th Floor, Grand Cayman, CYM, KY1-9010
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.

Nu Holdings (Nu Holdings) Headlines

From GuruFocus

Galileo (PTC) Ltd Buys Nu Holdings, Sells GreenSky Inc

By GuruFocusNews insider 02-18-2022

Looking Back at Our Most-Read Articles of 2022

By Sydnee Gatewood 01-03-2023

Top 5 3rd Quarter Trades of AMS Capital Ltda

By GuruFocus Research GuruFocus Editor 10-27-2022

Top 5 1st Quarter Trades of Technology Crossover Management X, Ltd.

By GuruFocus Research GuruFocus Editor 05-17-2022

Nu: Now 50% Off Warren Buffett's Price

By Praveen Chawla 06-10-2022