Intel Corporation (INTC)
Net profit margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,689,000 | -1,644,000 | -922,000 | -2,857,000 | 8,014,000 | 13,301,000 | 19,105,000 | 24,620,000 | 19,868,000 | 21,102,000 | 18,555,000 | 18,599,000 | 20,899,000 | 21,947,000 | 23,661,000 | 22,735,000 | 21,048,000 | 19,338,000 | 19,746,000 | 20,573,000 |
| Revenue (ttm) | US$ in thousands | 54,609,000 | 49,921,000 | 51,712,000 | 53,325,000 | 60,233,000 | 69,226,000 | 72,142,000 | 77,425,000 | 78,200,000 | 77,539,000 | 76,698,000 | 76,709,000 | 76,997,000 | 77,332,000 | 78,200,000 | 75,050,000 | 71,097,000 | 69,594,000 | 69,394,000 | 69,770,000 |
| Net profit margin | 3.09% | -3.29% | -1.78% | -5.36% | 13.30% | 19.21% | 26.48% | 31.80% | 25.41% | 27.21% | 24.19% | 24.25% | 27.14% | 28.38% | 30.26% | 30.29% | 29.60% | 27.79% | 28.45% | 29.49% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,689,000K ÷ $54,609,000K
= 3.09%
Intel Corporation's net profit margin has exhibited fluctuations over the past five years, as indicated by the data provided. The company experienced a significant decline in net profit margin in the first quarter of 2020 and the subsequent quarter, likely due to the impact of the COVID-19 pandemic on its operations.
However, from the third quarter of 2020 to the first quarter of 2022, Intel saw a consistent improvement in its net profit margin, reaching a peak of 31.80% in the first quarter of 2022. This period of strong profitability may have been driven by various factors such as cost control measures, efficient operations, or strong sales performance.
Subsequently, Intel's net profit margin started to decline in the second quarter of 2022 and continued to decrease throughout the rest of 2022 and the first half of 2023. The negative net profit margins in the third and fourth quarters of 2022 and the first quarter of 2023 raise concerns about the company's ability to generate profits relative to its revenues during those periods.
Overall, Intel's net profit margin has been volatile, indicating potential challenges in maintaining consistent profitability. It is essential for investors and stakeholders to closely monitor future financial performance to assess whether the company can effectively address these fluctuations and sustain profitability in the long term.
Peer comparison
Dec 31, 2023