Broadridge Financial Solutions Inc (BR)

Net profit margin

Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Net income US$ in thousands 698,100 630,600 539,100 547,500 462,500
Revenue US$ in thousands 6,506,800 5,917,200 5,621,400 4,936,200 4,466,500
Net profit margin 10.73% 10.66% 9.59% 11.09% 10.35%

June 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $698,100K ÷ $6,506,800K
= 10.73%

Broadridge Financial Solutions Inc's net profit margin has shown a relatively stable trend over the past five years, ranging from 9.59% in 2022 to 11.09% in 2021. The company's ability to generate profits from its revenue has been consistent, with the margin hovering around the 10% mark. The slight fluctuations may be attributed to changes in expenses or revenue streams over the years. Overall, Broadridge has maintained a healthy level of profitability as evidenced by its net profit margins.