Gen Digital Inc. (GEN)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 616,000 | 1,349,000 | 836,000 | 554,000 | 3,887,000 |
| Revenue | US$ in thousands | 3,812,000 | 3,338,000 | 2,796,000 | 2,551,000 | 2,490,000 |
| Net profit margin | 16.16% | 40.41% | 29.90% | 21.72% | 156.10% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $616,000K ÷ $3,812,000K
= 16.16%
The net profit margin of Gen Digital Inc. has fluctuated over the past five years, ranging from a low of 16.16% in 2024 to a high of 156.10% in 2020. The net profit margin indicates the percentage of each dollar of revenue that translates into profit after all expenses have been deducted. The significant increase in 2020 could be indicative of unique circumstances or one-time events that significantly boosted profitability during that year, possibly skewing the overall trend. Further analysis is recommended to better understand the underlying factors impacting the company's profitability over the years.
Peer comparison
Mar 31, 2024