Applied Materials Inc (AMAT)
Net profit margin
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | Jul 28, 2019 | Apr 28, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,158,000 | 6,856,000 | 6,443,000 | 6,489,000 | 6,450,000 | 6,525,000 | 6,646,000 | 6,756,000 | 6,550,000 | 5,888,000 | 5,307,000 | 4,432,000 | 3,857,000 | 3,619,000 | 3,186,000 | 2,916,000 | 2,827,000 | 2,706,000 | 2,765,000 | 3,210,000 |
| Revenue (ttm) | US$ in thousands | 26,311,000 | 26,274,000 | 26,319,000 | 26,414,000 | 26,027,000 | 25,590,000 | 24,905,000 | 24,569,000 | 23,924,000 | 22,880,000 | 21,547,000 | 19,794,000 | 18,202,000 | 17,202,000 | 16,268,000 | 15,435,000 | 15,017,000 | 14,608,000 | 14,613,000 | 15,213,000 |
| Net profit margin | 27.21% | 26.09% | 24.48% | 24.57% | 24.78% | 25.50% | 26.69% | 27.50% | 27.38% | 25.73% | 24.63% | 22.39% | 21.19% | 21.04% | 19.58% | 18.89% | 18.83% | 18.52% | 18.92% | 21.10% |
January 28, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $7,158,000K ÷ $26,311,000K
= 27.21%
Applied Materials Inc.'s net profit margin has displayed some fluctuations in recent quarters. In Q1 2024, the net profit margin increased to 27.03% from 25.86% in Q4 2023. This is a positive trend indicating an improvement in profitability. However, it is important to note that the net profit margin had been relatively stable around the mid-20% range in the preceding quarters.
The company experienced a slight decrease in net profit margin in Q2 and Q3 2023 compared to Q1 2023, but managed to recover in Q4 2023. The net profit margin in Q1 2023 was higher compared to the margins in Q4 2022 and Q3 2022, which suggests some seasonality in the profitability of Applied Materials Inc.
Overall, the net profit margin of Applied Materials Inc. has shown resilience and remained above 24% in most quarters, indicating efficient cost management and healthy profit generation. Investors and stakeholders can monitor these trends to assess the company's financial performance and profitability sustainability.
Peer comparison
Jan 28, 2024