Applied Materials Inc (AMAT)

Operating 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
Operating income (ttm)	US$ in thousands	7,651,000	7,654,000	7,677,000	7,799,000	7,782,000	7,788,000	7,808,000	7,897,000	7,582,000	6,889,000	6,158,000	5,253,000	4,606,000	4,365,000	3,946,000	3,640,000	3,484,000	3,350,000	3,377,000	3,668,000
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
Operating profit margin		29.08%	29.13%	29.17%	29.53%	29.90%	30.43%	31.35%	32.14%	31.69%	30.11%	28.58%	26.54%	25.30%	25.37%	24.26%	23.58%	23.20%	22.93%	23.11%	24.11%

January 28, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $7,651,000K ÷ $26,311,000K
= 29.08%

The operating profit margin of Applied Materials Inc. has shown a declining trend from Q2 2022 to Q1 2024. The company's operating profit margin decreased from 31.78% in Q2 2022 to 28.89% in Q1 2024. This decline could indicate potential challenges in managing operational expenses relative to revenue generation. It's important for the company to closely monitor and optimize its cost structure to improve operational efficiency and profitability in the future.