F5 Networks Inc (FFIV)

Net profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Net income	US$ in thousands	394,948	322,160	331,241	307,441	427,734
Revenue	US$ in thousands	2,827,870	2,717,440	2,616,420	2,361,020	2,242,450
Net profit margin		13.97%	11.86%	12.66%	13.02%	19.07%

September 30, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $394,948K ÷ $2,827,870K
= 13.97%

The net profit margin of F5 Inc has experienced fluctuations over the past five years. In 2019, the net profit margin was relatively high at 19.07%, indicating that the company was able to convert a significant portion of its revenue into profit. However, in the following years, the net profit margin decreased, reaching its lowest point in 2022 at 11.95%. This decline suggests that F5 Inc faced challenges in controlling its costs and expenses relative to its revenue during this period.

It is encouraging to note that the net profit margin rebounded in 2023 to 14.04%, although it is still below the 2019 level. This improvement indicates that the company may have implemented strategies to enhance its profitability, such as cost-cutting measures or revenue-boosting initiatives.

Overall, while the net profit margin of F5 Inc has experienced fluctuations, the recent increase in 2023 is a positive sign. However, it will be important to monitor future financial statements to assess whether the company can sustain and further improve its profitability performance.