Genpact Limited (G)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 631,255 | 353,404 | 369,448 | 308,276 | 304,881 |
| Revenue | US$ in thousands | 4,476,890 | 4,371,170 | 4,022,210 | 3,709,380 | 3,520,540 |
| Net profit margin | 14.10% | 8.08% | 9.19% | 8.31% | 8.66% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $631,255K ÷ $4,476,890K
= 14.10%
Genpact Ltd's net profit margin has exhibited some fluctuations over the past five years. In 2023, the net profit margin improved significantly to 14.10%, indicating that for every dollar of revenue generated, the company retained $0.141 as profit. This represents a notable increase from the 2022 net profit margin of 8.08%.
Comparing 2023 to 2021 and 2020, we see an upward trend, suggesting improved efficiency in managing costs relative to revenue. However, the 2023 net profit margin is slightly below the 2019 figure of 8.66%. It is essential for Genpact Ltd to sustain or further enhance this margin to ensure continued profitability and operational effectiveness.
Overall, the upward trajectory in the net profit margin from 2020 to 2023 reflects positive financial performance, indicating the company's ability to control costs efficiently and generate higher profits relative to its revenues.
Peer comparison
Dec 31, 2023