NCR Voyix Corporation (VYX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 943,000 | -423,000 | 60,000 | 97,000 | -79,000 |
| Revenue | US$ in thousands | 2,826,000 | 3,830,000 | 7,844,000 | 7,156,000 | 6,207,000 |
| Net profit margin | 33.37% | -11.04% | 0.76% | 1.36% | -1.27% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $943,000K ÷ $2,826,000K
= 33.37%
Net profit margin is a critical financial metric that indicates a company's profitability by measuring the percentage of each revenue dollar that translates to net income. Analyzing NCR Voyix Corporation's net profit margin over the past five years reveals fluctuations in its profitability.
In December 2020, the company reported a negative net profit margin of -1.27%, indicating that the expenses exceeded the revenue generated during that period. However, by December 2021, the net profit margin improved to 1.36%, suggesting a positive trend in profitability.
Subsequently, in December 2022, the net profit margin decreased slightly to 0.76%, signaling a potential challenge in maintaining profitability levels. The following year, December 2023, saw a significant decline in net profit margin to -11.04%, indicating a notable decrease in profitability potentially due to increased expenses or lower revenue.
Nevertheless, NCR Voyix Corporation experienced a remarkable recovery in profitability by December 2024, with a notably high net profit margin of 33.37%. This substantial increase could be attributed to various factors such as cost-cutting measures, increased revenue, or improved operational efficiency.
Overall, the fluctuating net profit margin of NCR Voyix Corporation highlights the importance of closely monitoring financial performance to identify trends and address any challenges that may impact profitability.