Exelixis Inc (EXEL)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	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
Net income (ttm)	US$ in thousands	521,267	466,924	349,992	205,054	207,765	92,074	164,243	153,737	182,282	307,621	272,615	298,035	231,063	164,285	94,041	64,770	111,781	152,136	281,628	293,849
Revenue (ttm)	US$ in thousands	2,168,701	2,081,598	2,013,976	1,846,646	1,830,208	1,774,473	1,714,291	1,663,870	1,611,062	1,638,285	1,554,970	1,520,720	1,434,970	1,253,882	1,156,551	1,030,853	987,538	957,796	998,407	979,203
Net profit margin		24.04%	22.43%	17.38%	11.10%	11.35%	5.19%	9.58%	9.24%	11.31%	18.78%	17.53%	19.60%	16.10%	13.10%	8.13%	6.28%	11.32%	15.88%	28.21%	30.01%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $521,267K ÷ $2,168,701K
= 24.04%

The net profit margin of Exelixis Inc has shown fluctuations over the years based on the provided data. The net profit margin is a profitability ratio that indicates the percentage of revenue that translates into profit after all expenses are deducted.

From March 31, 2020, to June 30, 2020, the net profit margin decreased slightly from 30.01% to 28.21%. Subsequently, there was a significant decline in profitability as the margin dropped to 15.88% by September 30, 2020, and further to 11.32% by December 31, 2020.

However, there was a slight improvement in profitability in the following periods, with the net profit margin increasing to 16.10% by December 31, 2021, and further to 22.43% by September 30, 2024. The highest margin recorded was 24.04% on December 31, 2024.

It is important to note that while the company experienced fluctuations in its net profit margin over the years, the general trend appears to show a recovery and improvement in profitability towards the end of the period. Additional analysis and comparisons with industry benchmarks may provide further insights into the company's financial performance and competitiveness.