Jazz Pharmaceuticals PLC (JAZZ)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	414,832	-224,060	-329,668	238,616	523,367
Revenue	US$ in thousands	3,809,840	3,569,430	2,999,690	2,284,420	2,097,480
Net profit margin		10.89%	-6.28%	-10.99%	10.45%	24.95%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $414,832K ÷ $3,809,840K
= 10.89%

The net profit margin of Jazz Pharmaceuticals plc has fluctuated significantly over the past five years, ranging from -10.65% in 2021 to 24.21% in 2019. A negative net profit margin in 2021 and 2022 indicates that the company incurred losses during those years. The return to profitability in 2023 with a net profit margin of 10.82% is a positive sign for the company's financial performance. However, it is important to further investigate the factors contributing to these fluctuations in order to assess the company's overall profitability and financial health.