Gen Digital Inc. (GEN)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jul 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 616,000 | 1,397,000 | 1,418,000 | 1,338,000 | 1,349,000 | 554,000 | 591,000 | 855,000 | 836,000 | 910,000 | 886,000 | 617,000 | 554,000 | 591,000 | 3,258,000 | 3,979,000 | 3,887,000 | 3,690,000 | 910,000 | 117,000 |
| Revenue (ttm) | US$ in thousands | 3,812,000 | 3,792,000 | 3,777,000 | 3,577,000 | 2,658,000 | 2,427,000 | 2,193,000 | 2,137,000 | 2,796,000 | 2,752,000 | 2,689,000 | 2,623,000 | 2,551,000 | 2,493,000 | 2,472,000 | 2,454,000 | 2,490,000 | 2,493,000 | 2,490,000 | 2,494,000 |
| Net profit margin | 16.16% | 36.84% | 37.54% | 37.41% | 50.75% | 22.83% | 26.95% | 40.01% | 29.90% | 33.07% | 32.95% | 23.52% | 21.72% | 23.71% | 131.80% | 162.14% | 156.10% | 148.01% | 36.55% | 4.69% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $616,000K ÷ $3,812,000K
= 16.16%
The net profit margin of Gen Digital Inc. has exhibited varying trends over the periods shown in the table. The net profit margin represents the percentage of revenue that translates into profit after deducting all expenses.
Analyzing the data, we can observe fluctuating net profit margins, ranging from as low as 4.69% to as high as 162.14%. The significant fluctuations in net profit margins indicate variations in the company's profitability over time.
In the most recent quarter, Mar 31, 2024, the net profit margin stood at 16.16%, which is lower compared to the previous quarter's figure of 36.84%. This decrease in net profit margin may signal a decrease in profitability efficiency.
In contrast, there are instances, such as Mar 31, 2021, where the net profit margin spiked to unusually high levels, reaching 131.80%. Such sharp increases may be driven by exceptional events or non-recurring income, thereby impacting the overall profitability ratio.
Overall, it is essential to further investigate the factors driving these fluctuations in net profit margin to gain a more comprehensive understanding of Gen Digital Inc.'s financial performance and potential future profitability.
Peer comparison
Mar 31, 2024