Exelixis Inc (EXEL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 207,765 | 182,282 | 231,063 | 111,781 | 321,012 |
| Revenue | US$ in thousands | 1,830,210 | 1,611,060 | 1,434,970 | 987,538 | 967,775 |
| Net profit margin | 11.35% | 11.31% | 16.10% | 11.32% | 33.17% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $207,765K ÷ $1,830,210K
= 11.35%
Exelixis Inc's net profit margin has shown fluctuations over the past five years, ranging from 11.32% in 2020 to 33.17% in 2019, with a notable decline to 11.31% in 2022 before a slight increase to 11.35% in 2023. The significant drop in net profit margin from 2019 to 2020 indicates a potential decrease in profitability, which may have been impacted by various factors such as changes in revenues, expenses, or operational efficiency. The subsequent recovery in 2021 followed by a stable performance in 2022 and 2023 suggests that the company has managed to maintain a consistent level of profitability in recent years. However, it is essential for Exelixis Inc to continue monitoring and optimizing its financial performance to ensure sustained profitability in the future.
Peer comparison
Dec 31, 2023