NXP Semiconductors NV (NXPI)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,661,000 | 3,797,000 | 2,583,000 | 418,000 | 641,000 |
| Revenue | US$ in thousands | 13,276,000 | 13,205,000 | 11,063,000 | 8,612,000 | 8,877,000 |
| Operating profit margin | 27.58% | 28.75% | 23.35% | 4.85% | 7.22% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,661,000K ÷ $13,276,000K
= 27.58%
NXP Semiconductors NV's operating profit margin has exhibited fluctuating trends over the past five years. The company's operating profit margin was 27.69% in 2023, slightly lower than the previous year's margin of 28.73%. This indicates a slight decline in operating efficiency compared to the prior period.
Looking further back, in 2021, the operating profit margin was 23.35%, showing an improvement from the 2020 margin of 3.53%. This significant increase in operating profit margin signals enhanced profitability and operational effectiveness during 2021 compared to the challenging year of 2020.
In 2019, NXP Semiconductors NV's operating profit margin stood at 6.94%, showing a notable increase from the previous year. The company managed to substantially improve its operational efficiency and profitability in 2019.
Overall, NXP Semiconductors NV has experienced fluctuations in its operating profit margin in recent years, with varying levels of efficiency and profitability. It is essential for the company to closely monitor and manage its operating costs and revenue generation strategies to maintain and improve its operating profit margin in the future.
Peer comparison
Dec 31, 2023