Qualcomm Incorporated (QCOM)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 7,788,000 | 15,860,000 | 9,789,000 | 6,255,000 | 7,667,000 |
| Revenue | US$ in thousands | 35,820,000 | 44,200,000 | 33,566,000 | 23,531,000 | 24,273,000 |
| Operating profit margin | 21.74% | 35.88% | 29.16% | 26.58% | 31.59% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $7,788,000K ÷ $35,820,000K
= 21.74%
Qualcomm Incorporated's operating profit margin has fluctuated over the past five years. In the most recent fiscal year ending September 30, 2023, the operating profit margin was 21.74%, reflecting a decrease compared to the previous year. This decline suggests a decrease in the percentage of revenue that Qualcomm retains as operating profit after deducting operating expenses. The highest operating profit margin was observed in the fiscal year ending September 30, 2022, at 35.88%, indicating strong operational efficiency and profitability during that period. Despite the fluctuations, the company has generally maintained a relatively healthy operating profit margin over the years, showcasing its ability to effectively manage costs and generate profits from its operations.
Peer comparison
Sep 30, 2023