Intel Corporation (INTC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,689,000 | 8,014,000 | 19,868,000 | 20,899,000 | 21,048,000 |
| Revenue | US$ in thousands | 53,879,000 | 61,811,000 | 78,168,000 | 76,984,000 | 71,052,000 |
| Net profit margin | 3.13% | 12.97% | 25.42% | 27.15% | 29.62% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,689,000K ÷ $53,879,000K
= 3.13%
The net profit margin of Intel Corporation has experienced a decline over the past five years. The margin dropped from 29.62% in 2019 to 27.15% in 2020, followed by a further decrease to 25.42% in 2021, indicating a downward trend in profitability. However, there was a significant decrease in net profit margin to 12.97% in 2022, and a further decline to 3.13% in 2023. This substantial drop in profitability suggests challenges in maintaining costs and generating sufficient revenue to cover expenses, impacting the company's bottom line. Further analysis would be required to understand the specific factors contributing to this decline and assess the company's overall financial performance.
Peer comparison
Dec 31, 2023