Broadridge Financial Solutions Inc (BR)
Net profit margin
Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
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Net income (ttm) | US$ in thousands | 698,100 | 699,000 | 683,800 | 671,000 | 630,500 | 554,500 | 532,600 | 522,300 | 539,100 | 551,400 | 539,800 | 548,900 | 547,500 | 516,800 | 518,600 | 472,400 | 462,500 | 416,000 | 421,400 | 461,200 |
Revenue (ttm) | US$ in thousands | 6,506,800 | 6,247,900 | 6,165,000 | 6,056,600 | 5,917,200 | 5,818,600 | 5,726,600 | 5,706,800 | 5,621,400 | 5,451,700 | 5,316,100 | 5,122,100 | 4,954,600 | 4,784,900 | 4,640,300 | 4,550,700 | 4,482,700 | 4,332,000 | 4,311,500 | 4,300,300 |
Net profit margin | 10.73% | 11.19% | 11.09% | 11.08% | 10.66% | 9.53% | 9.30% | 9.15% | 9.59% | 10.11% | 10.15% | 10.72% | 11.05% | 10.80% | 11.18% | 10.38% | 10.32% | 9.60% | 9.77% | 10.72% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $698,100K ÷ $6,506,800K
= 10.73%
Broadridge Financial Solutions Inc's net profit margin has shown fluctuations over the past few quarters. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, ranged from 9.15% to 11.19% during the period under review.
The company's net profit margin peaked at 11.19% in March 2024, showing strong profitability during that period. However, it dipped to 9.15% in September 2022, indicating a lower level of profitability at that time. Despite these fluctuations, the net profit margin generally remained within the range of 9.15% to 11.19% over the analyzed quarters.
Overall, Broadridge Financial Solutions Inc has managed to maintain a healthy level of profitability, with the net profit margin averaging around 10% during the period. Investors and stakeholders may view the company favorably for its ability to generate profit relative to its revenue.
Peer comparison
Jun 30, 2024