Juniper Networks Inc (JNPR)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 310,200 | 471,000 | 252,700 | 257,800 | 345,000 |
| Revenue | US$ in thousands | 5,484,500 | 5,288,400 | 4,624,000 | 4,313,100 | 4,341,400 |
| Net profit margin | 5.66% | 8.91% | 5.46% | 5.98% | 7.95% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $310,200K ÷ $5,484,500K
= 5.66%
The net profit margin of Juniper Networks Inc has exhibited fluctuations over the past five years. In 2023, the net profit margin stands at 5.57%, which represents a decrease from the previous year's margin of 8.88%. This decline suggests a decrease in the company's profitability relative to its revenue generated in 2023. Comparing to 2021 and 2020, the net profit margin has also decreased as it was 5.34% and 5.80%, respectively. However, the net profit margin in 2019 was higher at 7.76% compared to the margins in the subsequent years. Overall, the trend in net profit margin indicates some variability in Juniper Networks Inc's ability to translate its revenue into profit over the five-year period. It would be worthwhile to further investigate the factors contributing to these fluctuations to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2023