Netflix Inc (NFLX)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 5,407,988 | 4,525,434 | 4,246,254 | 4,199,594 | 4,491,924 | 5,044,069 | 5,094,899 | 5,006,959 | 5,116,229 | 5,050,956 | 4,391,862 | 3,759,048 | 2,761,395 | 2,806,209 | 2,681,477 | 2,231,931 | 1,866,916 | 1,413,880 | 1,151,471 | 1,265,170 |
| Revenue (ttm) | US$ in thousands | 33,723,290 | 32,742,520 | 32,126,440 | 31,909,280 | 31,615,550 | 31,472,820 | 31,030,700 | 30,402,340 | 29,697,850 | 28,632,970 | 27,585,140 | 26,391,650 | 24,996,060 | 23,819,050 | 22,628,310 | 21,403,140 | 20,156,440 | 18,875,850 | 17,630,320 | 16,614,470 |
| Net profit margin | 16.04% | 13.82% | 13.22% | 13.16% | 14.21% | 16.03% | 16.42% | 16.47% | 17.23% | 17.64% | 15.92% | 14.24% | 11.05% | 11.78% | 11.85% | 10.43% | 9.26% | 7.49% | 6.53% | 7.61% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $5,407,988K ÷ $33,723,290K
= 16.04%
Sure, to analyze the net profit margin of Netflix Inc., we can observe the trend in the net profit margin over the given periods.
The net profit margin is a profitability ratio that measures the percentage of each dollar of revenue that results in net profit. A higher net profit margin indicates that the company is more effective at converting revenue into actual profit.
Based on the given data, we can see that Netflix Inc.'s net profit margin fluctuated over the periods provided. The net profit margin ranged from 13.16% to 16.42%.
The trend indicates that the net profit margin peaked at 16.47% in the first quarter of 2022, but gradually declined in subsequent periods. However, it showed a slight improvement in the most recent period, reaching 16.04%.
Overall, the fluctuations in the net profit margin suggest that Netflix Inc. has experienced variability in its profitability over the given periods, and it may be important to examine the underlying factors contributing to these fluctuations.
It is vital to understand the reasons behind the changes in net profit margin, as it could be influenced by factors such as changes in revenue, operating expenses, or one-time events impacting the bottom line. Further analysis of the company's financial and operational performance would provide more insights into the drivers of these fluctuations in net profit margin.