InterDigital Inc (IDCC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 214,069 | 93,693 | 55,295 | 44,801 | 20,928 |
| Revenue | US$ in thousands | 516,955 | 406,489 | 407,069 | 329,455 | 280,969 |
| Net profit margin | 41.41% | 23.05% | 13.58% | 13.60% | 7.45% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $214,069K ÷ $516,955K
= 41.41%
The net profit margin of Interdigital Inc has shown a consistent upward trend over the past five years, indicating an improvement in the company's profitability. From 2019 to 2023, the net profit margin has increased steadily from 6.56% to 38.95%, reflecting a significant rise in the company's ability to generate earnings relative to its revenue.
This improvement suggests that Interdigital Inc has been effectively managing its expenses and operating efficiency, resulting in a higher proportion of revenue translating into net income. The notable increase in net profit margin indicates that the company has been successful in controlling costs and improving operational performance, ultimately leading to a stronger bottom-line profitability.
Overall, the trend in Interdigital Inc's net profit margin demonstrates positive financial health and efficiency in converting revenue into profit, which may be viewed favorably by investors and stakeholders as a key indicator of the company's overall financial performance.
Peer comparison
Dec 31, 2023