Advanced Micro Devices Inc (AMD)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 854,000 | 1,320,000 | 3,162,000 | 2,490,000 | 341,000 |
| Revenue | US$ in thousands | 22,875,000 | 23,650,000 | 16,401,000 | 9,684,000 | 6,528,000 |
| Net profit margin | 3.73% | 5.58% | 19.28% | 25.71% | 5.22% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $854,000K ÷ $22,875,000K
= 3.73%
Advanced Micro Devices Inc's net profit margin has shown variation over the past five years. In 2019, the net profit margin was 5.22%, significantly lower compared to 2020 and 2021 where it increased to 25.71% and 19.28% respectively. However, in 2022 and 2023, the net profit margin experienced a decrease to 5.58% and 3.73% respectively.
The fluctuations in net profit margin indicate changes in the company's profitability over the years. A lower net profit margin in 2023 compared to earlier years could suggest factors such as increased costs, decreased sales, or inefficient management of expenses. Further analysis of the company's financial performance and operational strategies would be necessary to fully understand the reasons behind the changes in net profit margin.
Peer comparison
Dec 31, 2023