HP Inc (HPQ)
Net profit margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,416,000 | 3,263,000 | 2,266,000 | 2,622,000 | 2,549,000 | 3,132,000 | 6,292,000 | 6,278,000 | 6,525,000 | 6,541,000 | 4,072,000 | 3,698,000 | 3,234,000 | 2,844,000 | 2,564,000 | 3,009,000 | 3,027,000 | 3,152,000 | 4,215,000 | 3,916,000 |
| Revenue (ttm) | US$ in thousands | 53,105,000 | 53,718,000 | 54,675,000 | 56,127,000 | 59,695,000 | 62,910,000 | 64,784,000 | 65,425,000 | 64,827,000 | 63,460,000 | 62,070,000 | 61,075,000 | 57,667,000 | 56,639,000 | 56,788,000 | 57,097,000 | 58,664,000 | 58,756,000 | 58,715,000 | 58,698,000 |
| Net profit margin | 6.43% | 6.07% | 4.14% | 4.67% | 4.27% | 4.98% | 9.71% | 9.60% | 10.07% | 10.31% | 6.56% | 6.05% | 5.61% | 5.02% | 4.52% | 5.27% | 5.16% | 5.36% | 7.18% | 6.67% |
January 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,416,000K ÷ $53,105,000K
= 6.43%
The net profit margin of HP Inc has been fluctuating over the past eight quarters. In Q1 2024, the net profit margin was 6.40%, indicating that the company retained $0.064 in profit for every dollar of revenue generated. This was a slight increase from the previous quarter's net profit margin of 6.07% in Q4 2023.
However, the net profit margin was lower compared to the levels seen in Q3 and Q2 of 2022, which were at 4.23% and 4.75% respectively. In Q1 2023, the net profit margin was 4.36%, showing a gradual improvement over the previous quarter.
The highest net profit margins were recorded in Q3 and Q4 of 2022, where the company achieved margins of 9.72% and 9.61% respectively. This indicates that HP Inc was more profitable during these periods compared to the current trend.
Overall, the fluctuation in HP Inc's net profit margin suggests variability in the company's profitability over the analyzed periods. Monitoring and analyzing this metric further can provide insights into the company's financial performance and management effectiveness in controlling costs and maximizing revenue.
Peer comparison
Jan 31, 2024