NVIDIA Corporation (NVDA)
Operating profit margin
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 32,972,000 | 4,224,000 | 10,041,000 | 4,532,000 | 2,846,000 |
| Revenue | US$ in thousands | 60,922,000 | 26,974,000 | 26,914,000 | 16,675,000 | 10,918,000 |
| Operating profit margin | 54.12% | 15.66% | 37.31% | 27.18% | 26.07% |
January 28, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $32,972,000K ÷ $60,922,000K
= 54.12%
NVIDIA Corp's operating profit margin has demonstrated a notable upward trend over the past five years, increasing from 26.07% in January 2020 to 54.12% in January 2024. This indicates that the company has been able to effectively control its operating expenses relative to its revenue, resulting in a higher proportion of sales translating into operating profits. The significant improvement in the operating profit margin suggests enhanced operational efficiency and effectiveness in cost management by NVIDIA Corp. Investors and stakeholders may view this steady increase positively, as it reflects the company's ability to generate more profits from its core operations over time.
Peer comparison
Jan 28, 2024