Skyworks Solutions Inc (SWKS)

Net profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	596,000	982,800	1,275,200	1,498,300	814,800
Revenue	US$ in thousands	4,178,000	4,772,400	5,437,600	5,095,700	3,355,700
Net profit margin		14.27%	20.59%	23.45%	29.40%	24.28%

September 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $596,000K ÷ $4,178,000K
= 14.27%

The net profit margin of Skyworks Solutions Inc has shown a decreasing trend over the past five years. In September 2020, the net profit margin was 24.28%, which decreased to 29.40% in September 2021, then further declined to 23.45% in September 2022, and decreased significantly to 20.59% in September 2023. The latest data shows a net profit margin of 14.27% in September 2024. This indicates that the company's profitability relative to its revenue has been gradually decreasing over the years, which may be a cause for further investigation into the company's financial performance and strategies.