Science Applications International Corporation Common Stock (SAIC)
Net profit margin
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 477,000 | 300,000 | 277,000 | 209,000 | 226,000 |
| Revenue | US$ in thousands | 7,569,000 | 7,585,000 | 7,310,000 | 6,966,000 | 6,292,000 |
| Net profit margin | 6.30% | 3.96% | 3.79% | 3.00% | 3.59% |
February 2, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $477,000K ÷ $7,569,000K
= 6.30%
Science Applications International Corporation Common Stock has seen a gradual improvement in its net profit margin over the past five years. The net profit margin increased from 3.59% in January 2020 to 6.30% in February 2024, indicating an upward trend in profitability. This suggests that the company has been more efficient in managing its costs and generating profits from its operations.
The consistent improvement in the net profit margin reflects positively on the company's overall financial performance and management effectiveness. It indicates that Science Applications International Corporation Common Stock has been able to increase its profitability relative to its revenue over the years.
A higher net profit margin signifies that the company is controlling its expenses well and is effectively converting its revenue into net income. This trend may instill confidence in investors regarding the company's ability to generate profits and sustain its financial performance in the long run.
Overall, the increasing net profit margin of Science Applications International Corporation Common Stock highlights its improving profitability and could potentially attract investors looking for companies with strong financial performance metrics.
Peer comparison
Feb 2, 2024