DXC Technology Co (DXC)
Net profit margin
Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 91,000 | -568,000 | 718,000 | -149,000 | -5,369,000 |
Revenue | US$ in thousands | 13,667,000 | 14,430,000 | 16,265,000 | 17,729,000 | 19,577,000 |
Net profit margin | 0.67% | -3.94% | 4.41% | -0.84% | -27.43% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $91,000K ÷ $13,667,000K
= 0.67%
The net profit margin of DXC Technology Co has shown significant fluctuations over the past five years. In the fiscal year ending March 31, 2024, the company achieved a net profit margin of 0.67%, indicating that for every dollar of sales generated, the company retained $0.0067 as net profit. This represents an improvement compared to the previous year's net profit margin of -3.94%, signifying a positive turnaround in profitability.
Looking back at the financial performance in March 2022, the net profit margin stood at 4.41%, reflecting a healthy profitability level for the company. However, in the fiscal years ending March 31, 2021 and March 31, 2020, the net profit margins were negative at -0.84% and -27.43% respectively, signaling challenges in generating profits relative to the level of sales during those periods.
Overall, the company's net profit margin has been volatile, with the recent improvement in 2024 showcasing efforts towards enhancing operational efficiency and cost management. Further analysis of the underlying factors contributing to these fluctuations would provide valuable insights into the company's financial performance and potential areas for improvement.
Peer comparison
Mar 31, 2024