F5 Networks Inc (FFIV)
Net profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 566,778 | 394,948 | 322,160 | 331,241 | 307,441 |
Revenue | US$ in thousands | 2,822,220 | 2,827,870 | 2,717,440 | 2,616,420 | 2,361,020 |
Net profit margin | 20.08% | 13.97% | 11.86% | 12.66% | 13.02% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $566,778K ÷ $2,822,220K
= 20.08%
F5 Networks Inc's net profit margin, a key profitability ratio, has exhibited fluctuations over the past five years. The net profit margin for the fiscal year ending September 30, 2024, improved significantly to 20.08% compared to 13.97% in the previous year. This indicates that the company was able to convert a higher proportion of its revenue into net profits.
Looking at the historical trend, we observe that F5 Networks Inc's net profit margin was relatively stable between 2020 and 2021, ranging from 12.66% to 13.02%. However, there was a notable increase in profitability in the most recent year, suggesting potential improvements in cost management, operational efficiency, or revenue growth strategies.
It is important for stakeholders to closely monitor this ratio in the future to assess the company's ability to sustain and potentially enhance its profitability levels.
Peer comparison
Sep 30, 2024