Silicon Laboratories Inc (SLAB)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -34,516 | 91,402 | 2,117,400 | 12,531 | 19,265 |
| Revenue | US$ in thousands | 782,258 | 1,024,110 | 720,860 | 510,928 | 473,785 |
| Net profit margin | -4.41% | 8.93% | 293.73% | 2.45% | 4.07% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-34,516K ÷ $782,258K
= -4.41%
Silicon Laboratories Inc's net profit margin has shown significant fluctuations over the past five years. In 2023, the company reported a negative net profit margin of -4.41%, indicating that the company experienced a loss in profitability during that period. This contrasts sharply with 2021 when it achieved an exceptionally high net profit margin of 293.73%.
The drastic changes in net profit margins suggest potential volatility in the company's earnings and efficiency in cost management. It is essential for investors and stakeholders to investigate the factors contributing to these fluctuations to understand the company's overall financial health and stability.
Peer comparison
Dec 31, 2023