Intel Corporation (INTC)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 93,000 | 2,334,000 | 19,456,000 | 23,678,000 | 22,035,000 |
| Revenue | US$ in thousands | 53,879,000 | 61,811,000 | 78,168,000 | 76,984,000 | 71,052,000 |
| Operating profit margin | 0.17% | 3.78% | 24.89% | 30.76% | 31.01% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $93,000K ÷ $53,879,000K
= 0.17%
Intel Corporation's operating profit margin has experienced a notable decline over the past five years, dropping from 31.01% in 2019 to 0.17% in 2023. This trend suggests a significant decrease in the company's ability to generate profits from its core operations relative to its revenue. The decrease in operating profit margin may indicate challenges in managing operating expenses, pricing pressures, or shifts in the competitive landscape impacting profitability. Investors and stakeholders should closely monitor future financial performance to assess the company's ability to improve operational efficiency and profitability.
Peer comparison
Dec 31, 2023