Skyworks Solutions Inc (SWKS)

Net profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	596,000	780,300	855,200	904,700	982,800	1,040,200	1,111,700	1,184,700	1,275,200	1,299,300	1,369,800	1,389,000	1,498,400	1,419,000	1,210,900	1,067,000	814,800	778,500	792,900	825,800
Revenue (ttm)	US$ in thousands	4,178,000	4,371,800	4,537,500	4,644,600	4,772,400	4,912,600	5,074,000	5,256,500	5,437,600	5,376,100	5,259,900	5,096,100	5,095,700	4,755,000	4,375,400	3,969,700	3,355,800	3,226,400	3,256,600	3,300,900
Net profit margin		14.27%	17.85%	18.85%	19.48%	20.59%	21.17%	21.91%	22.54%	23.45%	24.17%	26.04%	27.26%	29.41%	29.84%	27.68%	26.88%	24.28%	24.13%	24.35%	25.02%

September 30, 2024 calculation

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

The net profit margin of Skyworks Solutions Inc has displayed a general declining trend over the past few quarters, starting at 25.02% in December 2019 and dropping to 14.27% in September 2024. The company's profitability peaked at 29.84% in March 2021 before experiencing a continuous decrease.

This declining trend suggests that the company may be facing challenges in controlling its costs and expenses relative to its revenue, impacting its overall profitability. Investors and analysts may need to closely monitor Skyworks Solutions' cost management strategies and revenue growth to assess its future profitability prospects.