Amphenol Corporation (APH)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,928,000 | 1,902,300 | 1,590,800 | 1,203,400 | 1,155,000 |
| Revenue | US$ in thousands | 12,554,700 | 12,623,000 | 10,876,300 | 8,598,900 | 8,225,400 |
| Net profit margin | 15.36% | 15.07% | 14.63% | 13.99% | 14.04% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,928,000K ÷ $12,554,700K
= 15.36%
Amphenol Corp.'s net profit margin has shown a generally positive trend over the past five years, increasing from 14.04% in 2019 to 15.36% in 2023. This indicates that the company has been effectively managing its expenses relative to its revenue, resulting in a higher percentage of net income for each dollar of sales. The consistent improvement in net profit margin reflects Amphenol Corp.'s operational efficiency and profitability growth over the years. Overall, the company has demonstrated a solid performance in terms of generating profits from its operations.