Synopsys Inc (SNPS)

Net profit margin

		Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020
Net income (ttm)	US$ in thousands	2,263,384	1,498,464	1,426,661	1,407,464	1,229,888	1,034,198	920,572	942,443	984,594	1,032,541	1,008,561	908,858	757,516	753,524	807,789	722,631	664,347	627,606	474,624	482,914
Revenue (ttm)	US$ in thousands	6,265,680	6,228,820	6,190,360	6,130,510	5,842,620	5,527,780	5,288,260	5,172,630	5,081,550	4,949,680	4,759,040	4,504,130	4,204,191	4,077,211	3,984,215	3,821,222	3,685,282	3,510,923	3,399,759	3,374,674
Net profit margin		36.12%	24.06%	23.05%	22.96%	21.05%	18.71%	17.41%	18.22%	19.38%	20.86%	21.19%	20.18%	18.02%	18.48%	20.27%	18.91%	18.03%	17.88%	13.96%	14.31%

October 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,263,384K ÷ $6,265,680K
= 36.12%

Synopsys Inc's net profit margin has shown a generally positive trend over the past two years. From October 2020 to October 2022, the net profit margin increased steadily from 13.96% to 21.19%, indicating an improvement in the company's profitability. However, there was a slight dip in the net profit margin in the subsequent quarters, with fluctuations between 18.02% and 24.06%.

The company's net profit margin peaked in October 2024 at 36.12%, reflecting a strong performance in generating profits relative to revenue. This may suggest effective cost management or increased sales efficiency during that period. Overall, the fluctuation in the net profit margin over time signifies potential changes in the company's financial performance and operational efficiency.