Applied Materials Inc (AMAT)
Net profit margin
| Oct 31, 2024 | Oct 27, 2024 | Oct 31, 2023 | Oct 29, 2023 | Oct 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 7,177,000 | 7,177,000 | 6,856,000 | 6,856,000 | 6,525,000 |
| Revenue | US$ in thousands | 27,176,000 | 27,176,000 | 26,517,000 | 26,274,000 | 25,785,000 |
| Net profit margin | 26.41% | 26.41% | 25.86% | 26.09% | 25.31% |
October 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $7,177,000K ÷ $27,176,000K
= 26.41%
The net profit margin of Applied Materials Inc has exhibited a generally positive trend over the period from October 2022 to October 2024. The margin increased from 25.31% in October 2022 to 26.41% in October 2024, indicating improved profitability in relation to revenue. This suggests that the company has been effectively managing its costs and expenses relative to its sales, resulting in a higher proportion of revenue translating into net income. The consistent improvement in net profit margin reflects Applied Materials Inc's ability to sustain profitability and potentially indicates efficient operations and strategic decision-making.
Peer comparison
Oct 31, 2024