Super Micro Computer Inc (SMCI)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,152,670 | 639,998 | 285,163 | 111,865 | 84,308 |
| Revenue | US$ in thousands | 14,989,300 | 7,123,480 | 5,196,100 | 3,557,420 | 3,339,280 |
| Net profit margin | 7.69% | 8.98% | 5.49% | 3.14% | 2.52% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,152,670K ÷ $14,989,300K
= 7.69%
The net profit margin of Super Micro Computer Inc has been showing an upward trend over the past five years, starting at 2.52% on June 30, 2020, and reaching 7.69% on June 30, 2024. This improvement indicates that the company has been able to effectively control its expenses and increase its profitability relative to its revenue. The significant increase in net profit margin from 2020 to 2024 highlights the company's ability to generate more profit from each dollar of sales, reflecting positively on its operational efficiency and financial performance. However, the slight dip from 2023 to 2024 should prompt further investigation to identify the factors driving this change and ensure sustainable profitability in the future.
Peer comparison
Jun 30, 2024