Netflix Inc (NFLX)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 10,417,620 | 9,640,960 | 8,647,870 | 7,872,210 | 6,954,000 | 6,007,794 | 5,624,424 | 5,375,524 | 5,632,834 | 5,714,700 | 5,936,930 | 6,206,280 | 6,194,510 | 6,516,982 | 6,076,592 | 5,586,892 | 4,585,288 | 4,089,558 | 3,754,937 | 3,103,426 |
| Revenue (ttm) | US$ in thousands | 39,000,950 | 37,587,270 | 36,304,240 | 34,932,230 | 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 |
| Operating profit margin | 26.71% | 25.65% | 23.82% | 22.54% | 20.62% | 18.35% | 17.51% | 16.85% | 17.82% | 18.16% | 19.13% | 20.41% | 20.86% | 22.76% | 22.03% | 21.17% | 18.34% | 17.17% | 16.59% | 14.50% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $10,417,620K ÷ $39,000,950K
= 26.71%
Netflix Inc's operating profit margin has shown a generally increasing trend over the analyzed period from March 31, 2020, to December 31, 2024. Starting at 14.50% in March 2020, the margin improved steadily to reach its peak at 26.71% by December 2024. The company's ability to control operating expenses and generate higher profit from its core operations has contributed to this positive trend in operating profit margin. However, there were some fluctuations along the way, with occasional dips in the margin, indicating potential challenges faced by the company in certain quarters. Overall, the improving operating profit margin reflects Netflix's efficiency in managing costs and maximizing profitability over the analyzed period.