Exelixis Inc (EXEL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 521,267 | 207,765 | 182,282 | 231,063 | 111,781 |
| Revenue | US$ in thousands | 2,168,700 | 1,830,210 | 1,611,060 | 1,434,970 | 987,538 |
| Net profit margin | 24.04% | 11.35% | 11.31% | 16.10% | 11.32% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $521,267K ÷ $2,168,700K
= 24.04%
Based on the data provided, Exelixis Inc's net profit margin has shown some fluctuations over the years. In December 31, 2020, the net profit margin was at 11.32%, indicating that the company was able to retain around 11.32% of its total revenue as net profit.
The net profit margin increased to 16.10% by December 31, 2021, reflecting a significant improvement in profitability. However, in the subsequent years, the net profit margin decreased slightly to 11.31% in December 31, 2022 and 11.35% in December 31, 2023.
The most notable increase occurred in December 31, 2024, where the net profit margin surged to 24.04%, suggesting a substantial boost in profitability for Exelixis Inc in that year.
Overall, it is essential for the company to continue monitoring its net profit margin closely to ensure sustainable and profitable operations in the long run.
Peer comparison
Dec 31, 2024