Super Micro Computer Inc (SMCI)
Net profit margin
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 639,998 | 285,163 | 111,865 | 84,308 | 71,918 |
| Revenue | US$ in thousands | 7,123,480 | 5,196,100 | 3,557,420 | 3,339,280 | 3,500,360 |
| Net profit margin | 8.98% | 5.49% | 3.14% | 2.52% | 2.05% |
June 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $639,998K ÷ $7,123,480K
= 8.98%
Super Micro Computer Inc's net profit margin has shown a positive trend over the past five years. The net profit margin, which represents the percentage of each dollar of revenue that translates into profit, has increased steadily from 2.05% in 2019 to 8.98% in 2023. This indicates an improvement in the company's ability to generate profit from its sales over the years.
The consistent growth in net profit margin suggests that the company has been able to effectively control its costs and expenses while increasing its revenue. This may reflect efficient management of production costs, effective pricing strategies, or improved operational efficiency.
The significant increase in the net profit margin from 2021 to 2023 indicates a notable enhancement in the company's profitability. This could be attributed to various factors such as increased sales volume, cost-cutting measures, or improved productivity.
Overall, the upward trend in Super Micro Computer Inc's net profit margin signifies a positive performance in terms of profitability and operational effectiveness, which may be perceived favorably by investors and stakeholders.
Peer comparison
Jun 30, 2023