Intel Corporation (INTC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 93,000 | -3,624,000 | -3,791,000 | -3,475,000 | 2,334,000 | 8,455,000 | 13,857,000 | 20,103,000 | 19,456,000 | 20,351,000 | 20,183,000 | 20,334,000 | 23,678,000 | 24,591,000 | 25,979,000 | 24,899,000 | 22,035,000 | 21,462,000 | 22,364,000 | 23,020,000 |
| 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 |
| Operating profit margin | 0.17% | -7.26% | -7.33% | -6.52% | 3.87% | 12.21% | 19.21% | 25.96% | 24.88% | 26.25% | 26.31% | 26.51% | 30.75% | 31.80% | 33.22% | 33.18% | 30.99% | 30.84% | 32.23% | 32.99% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $93,000K ÷ $54,609,000K
= 0.17%
The operating profit margin of Intel Corporation has shown fluctuations over the past few quarters. In the most recent quarter ending December 31, 2023, the operating profit margin stood at 0.17%, which is significantly lower compared to the previous quarter's figure of -7.26% for September 30, 2023, indicating a slight improvement in profitability.
Looking further back, the operating profit margin has been on a declining trend since the quarter ending March 31, 2022, where it was at a high of 25.96%. The margins have gradually decreased to single digits and even negative values in the subsequent quarters.
The highest operating profit margin was recorded in the quarter ending March 31, 2020, at 33.22%, followed closely by the quarters ending March 31, 2019 and December 31, 2020, indicating strong profitability during those periods.
Overall, the analysis suggests that Intel Corporation has experienced fluctuations in its operating profit margins over the quarters, with recent quarters showing a decline in profitability. It would be important for Intel to closely monitor and address the factors contributing to these fluctuations to sustain and improve its operating profitability in the future.
Peer comparison
Dec 31, 2023