MKS Instruments Inc (MKSI)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,841,000 | 333,000 | 551,000 | 350,000 | 140,400 |
| Revenue | US$ in thousands | 3,260,000 | 3,377,000 | 2,924,200 | 2,300,900 | 1,862,410 |
| Net profit margin | -56.47% | 9.86% | 18.84% | 15.21% | 7.54% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-1,841,000K ÷ $3,260,000K
= -56.47%
MKS Instruments Inc's net profit margin has displayed a significant fluctuation over the past five years, as evidenced by the data provided. The net profit margin was notably negative at -56.47% as of December 31, 2023, indicating that the company's expenses exceeded its revenues, resulting in a loss.
In comparison, the net profit margin was positive in the preceding years, ranging from 7.54% in 2019 to 18.84% in 2021. This suggests that the company was generating profits relative to its revenue during those periods.
The variation in the net profit margin could be attributed to changes in the company's cost structure, pricing strategies, operational efficiency, or external economic factors. Investors and stakeholders may wish to delve deeper into the company's financial performance and operational strategies to understand the reasons behind these fluctuations and assess the sustainability of its profitability in the future.
Peer comparison
Dec 31, 2023