Rockwell Automation Inc (ROK)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,387,400 | 932,200 | 1,358,100 | 1,023,400 | 695,800 |
| Revenue | US$ in thousands | 9,203,900 | 7,500,200 | 6,930,300 | 6,216,700 | 6,630,500 |
| Net profit margin | 15.07% | 12.43% | 19.60% | 16.46% | 10.49% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,387,400K ÷ $9,203,900K
= 15.07%
The net profit margin of Rockwell Automation Inc has varied over the past five years. In 2023, the net profit margin increased to 15.25% from 11.97% in 2022, indicating improved profitability. However, this was lower than the 19.38% seen in 2021. The net profit margin was also higher in 2020 at 16.15% compared to 2019 at 10.38%. Overall, there has been some fluctuation in the net profit margin, with a general trend of improvement from 2019 to 2021, followed by a slight decline in 2022, and a subsequent increase in 2023. These fluctuations may indicate changes in the company's cost structure, pricing strategy, or efficiency in managing expenses relative to revenue.
Peer comparison
Sep 30, 2023