NetScout Systems Inc (NTCT)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -147,734 | 59,648 | 35,874 | 19,352 | -2,754 |
| Revenue | US$ in thousands | 829,455 | 914,530 | 855,575 | 831,282 | 891,820 |
| Net profit margin | -17.81% | 6.52% | 4.19% | 2.33% | -0.31% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-147,734K ÷ $829,455K
= -17.81%
The net profit margin for NetScout Systems Inc has fluctuated over the past five years, ranging from negative 17.81% in 2024 to positive 6.52% in 2023. The company experienced a significant decline in profitability in 2024 compared to the previous year, indicating a decrease in the percentage of revenue retained as net income. The negative net profit margin in 2024 suggests that the company's expenses exceeded its revenue, leading to a loss for the period. In contrast, the positive net profit margins in the preceding years demonstrate varying levels of profitability, with the highest margin recorded in 2023 at 6.52%. Overall, the trend in NetScout Systems Inc's net profit margin indicates fluctuations in profitability over the past five years, highlighting the importance of closely monitoring the company's financial performance for potential improvements.
Peer comparison
Mar 31, 2024