Autodesk Inc (ADSK)
Net profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 906,000 | 823,000 | 497,000 | 1,208,000 | 214,500 |
| Revenue | US$ in thousands | 5,497,000 | 5,005,000 | 4,386,000 | 3,790,000 | 3,274,300 |
| Net profit margin | 16.48% | 16.44% | 11.33% | 31.87% | 6.55% |
January 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $906,000K ÷ $5,497,000K
= 16.48%
Autodesk Inc's net profit margin has shown variability over the past five years. The net profit margin was 16.48% in 2024, similar to 16.44% in 2023, indicating a relatively stable performance in terms of converting revenue into profit. However, the net profit margin significantly dropped to 11.33% in 2022 from a high of 31.87% in 2021, suggesting a decline in profitability efficiency during that period. The substantial increase in profitability in 2021 could be attributed to improved cost management or increased revenue generation. The lowest net profit margin of 6.55% was recorded in 2020, indicating a challenging year for the company in terms of profitability.
Peer comparison
Jan 31, 2024