Intuitive Surgical Inc (ISRG)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	2,322,600	1,798,000	1,322,300	1,704,600	1,060,600
Revenue	US$ in thousands	8,961,500	7,616,100	6,548,300	5,970,600	4,546,000
Net profit margin		25.92%	23.61%	20.19%	28.55%	23.33%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $2,322,600K ÷ $8,961,500K
= 25.92%

Based on the provided data for Intuitive Surgical Inc, the net profit margin has shown some fluctuations over the years. In 2020, the net profit margin was reported at 23.33%, indicating that the company retained 23.33% of its total revenue as profit after accounting for all expenses.

The net profit margin improved to 28.55% in 2021, showcasing an increase in profitability compared to the previous year. However, in 2022, there was a slight decline in the net profit margin to 20.19%, which may suggest that the company's profitability took a dip during that period.

Subsequently, in 2023, the net profit margin increased to 23.61%, indicating a recovery in profitability. The trend continued positively in 2024, with the net profit margin further improving to 25.92%. Overall, the net profit margin performance of Intuitive Surgical Inc reflects a mix of fluctuations and improvements over the analyzed period.