Net Profit Margin
since 2005
Calculation
Advanced Micro Devices Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Net revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 28, 2024 | 6.36% | = | 100 | × | 1,641) | ÷ | 25,785) |
| Dec 30, 2023 | 3.77% | = | 100 | × | 854) | ÷ | 22,680) |
| Dec 31, 2022 | 5.59% | = | 100 | × | 1,320) | ÷ | 23,601) |
| Dec 25, 2021 | 19.24% | = | 100 | × | 3,162) | ÷ | 16,434) |
| Dec 26, 2020 | 25.50% | = | 100 | × | 2,490) | ÷ | 9,763) |
| Dec 28, 2019 | 5.07% | = | 100 | × | 341) | ÷ | 6,731) |
| Dec 29, 2018 | 5.20% | = | 100 | × | 337) | ÷ | 6,475) |
| Dec 30, 2017 | 0.81% | = | 100 | × | 43) | ÷ | 5,329) |
| Dec 31, 2016 | -11.63% | = | 100 | × | (497) | ÷ | 4,272) |
| Dec 26, 2015 | -16.54% | = | 100 | × | (660) | ÷ | 3,991) |
| Dec 27, 2014 | -7.32% | = | 100 | × | (403) | ÷ | 5,506) |
| Dec 28, 2013 | -1.57% | = | 100 | × | (83) | ÷ | 5,299) |
| Dec 29, 2012 | -21.82% | = | 100 | × | (1,183) | ÷ | 5,422) |
| Dec 31, 2011 | 7.48% | = | 100 | × | 491) | ÷ | 6,568) |
| Dec 25, 2010 | 7.25% | = | 100 | × | 471) | ÷ | 6,494) |
| Dec 26, 2009 | 5.63% | = | 100 | × | 304) | ÷ | 5,403) |
| Dec 27, 2008 | -53.34% | = | 100 | × | (3,098) | ÷ | 5,808) |
| Dec 29, 2007 | -56.19% | = | 100 | × | (3,379) | ÷ | 6,013) |
| Dec 31, 2006 | -2.94% | = | 100 | × | (166) | ÷ | 5,649) |
| Dec 25, 2005 | 2.83% | = | 100 | × | 165) | ÷ | 5,848) |
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).
1 US$ in millions
- Net Income (Loss) Trends
- Net income exhibited significant volatility throughout the period. Initially, from 2005 to 2008, the company experienced progressively widening losses, reaching a peak loss of -3,379 million USD in 2007 and -3,098 million USD in 2008. A recovery phase began in 2009, with net income returning to positive figures and fluctuating at relatively low positive values through 2015. From 2016 onwards, the company showed a positive earnings trend with significant gains in 2020 and 2021, reaching a peak net income of 3,162 million USD in 2021. Subsequently, net income decreased but remained positive in 2022 and 2023, with a notable rise again in 2024.
- Net Revenue Trends
- Net revenue demonstrated an overall upward trend with periodic fluctuations. Revenue remained relatively stable in the early years (2005-2007) around 5,800 to 6,000 million USD, then decreased around 2009. Starting in 2010, revenue steadily increased with some fluctuations, particularly a dip occurring in 2014 and 2015. From 2016 onward, revenue showed a strong growth trajectory, especially between 2019 and 2022, surging from approximately 6,700 million USD in 2019 to over 23,600 million USD in 2022. Despite a slight drop in 2023, revenue rebounded in 2024 to a new high of 25,785 million USD.
- Net Profit Margin Trends
- The net profit margin exhibited considerable variability reflective of both profit and loss periods. Initial years showed low positive margins in 2005, but sharp declines ensued during 2006 to 2008 with deeply negative margins exceeding -50%. Recovery from negative margins began in 2009 and progressed moderately, with fluctuating negative or near-zero margins through 2014 and 2015. From 2016 onward, profit margins improved gradually, peaking at 25.5% in 2020, aligning with the peak in net income. A decline followed thereafter, with margins dropping to 5.59% by 2022 but showing a modest improvement by 2024.
- Overall Insights
- The company’s financial performance over the analyzed period reflects cycles of significant losses followed by recovery and growth. Revenue growth has been substantial especially in the latter years, underpinning improved profitability, although profit margins have seen some fluctuations after their peak in 2020. Recent years suggest a stabilization phase with positive net income and sustained revenue expansion, pointing to a stronger financial position compared to earlier years characterized by volatile earnings and negative profitability.
Comparison to Competitors
Advanced Micro Devices Inc., net profit margin, long-term trends, comparison to competitors
| Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 28, 2024 | 6.36% | 17.35% | 26.41% | 11.43% | -35.32% | 28.15% | 25.68% | 3.10% | 48.85% | 26.03% | 30.68% |
| Dec 30, 2023 | 3.77% | 26.94% | 25.86% | 39.31% | 3.11% | 32.27% | 25.88% | -37.54% | 16.19% | 20.19% | 37.16% |
| Dec 31, 2022 | 5.59% | 22.88% | 25.31% | 34.62% | 12.71% | 36.06% | 26.73% | 28.24% | 36.23% | 29.27% | 43.68% |
| Dec 25, 2021 | 19.24% | 19.00% | 25.53% | 24.54% | 25.14% | 30.04% | 26.72% | 21.16% | 25.98% | 26.94% | 42.35% |
| Dec 26, 2020 | 25.50% | 21.79% | 21.04% | 12.39% | 26.84% | 20.96% | 22.42% | 12.54% | 25.61% | 22.09% | 38.69% |
| Dec 28, 2019 | 5.07% | 22.75% | 18.52% | 12.05% | 29.25% | 25.73% | 22.70% | 26.97% | 35.34% | 18.07% | 34.88% |
| Dec 29, 2018 | 5.20% | 24.12% | 19.20% | 58.80% | 29.72% | 19.87% | 21.49% | 46.51% | 31.37% | -21.40% | 35.35% |
| Dec 30, 2017 | 0.81% | 14.24% | 23.62% | 9.59% | 15.30% | 26.61% | 21.19% | 25.04% | 24.11% | 11.06% | 24.61% |
| Dec 31, 2016 | -11.63% | 25.18% | 15.90% | -13.13% | 17.37% | 23.60% | 15.53% | -2.23% | 12.26% | 24.22% | 26.89% |
| Dec 26, 2015 | -16.54% | 20.29% | 14.26% | 19.99% | 20.63% | 13.01% | 12.47% | 17.90% | 13.47% | 20.85% | 22.97% |
| Dec 27, 2014 | -7.32% | 21.97% | 11.82% | 6.16% | 20.95% | 19.89% | 13.72% | 18.61% | 10.65% | 30.08% | 21.63% |
| Dec 28, 2013 | -1.57% | 25.57% | 3.41% | 21.90% | 18.25% | 19.11% | 3.16% | 13.12% | 13.14% | 27.56% | 17.71% |
| Dec 29, 2012 | -21.82% | 24.11% | 1.25% | 23.82% | 20.63% | 23.83% | 6.33% | -12.53% | 14.53% | 31.95% | 13.72% |
| Dec 31, 2011 | 7.48% | 28.98% | 18.31% | 23.63% | 23.97% | 25.02% | 22.35% | 1.90% | 7.14% | 28.48% | 16.28% |
| Dec 25, 2010 | 7.25% | 25.79% | 9.82% | 19.83% | 26.28% | 11.66% | 16.25% | 21.81% | -2.04% | 29.54% | 23.11% |
| Dec 26, 2009 | 5.63% | 12.30% | -6.09% | -2.96% | 12.44% | -34.43% | -27.08% | -38.21% | -0.88% | 15.28% | 14.10% |
| Dec 27, 2008 | -53.34% | 30.44% | 11.82% | — | 14.08% | 14.24% | 17.75% | -27.72% | 19.46% | 28.36% | 15.36% |
| Dec 29, 2007 | -56.19% | 19.52% | 17.57% | — | 18.20% | 19.34% | 26.72% | -5.63% | 14.63% | 37.23% | 19.20% |
| Dec 31, 2006 | -2.94% | 21.35% | 16.54% | — | 14.26% | 18.37% | 20.45% | 7.74% | 12.74% | 32.82% | 30.45% |
| Dec 25, 2005 | 2.83% | 17.36% | 17.30% | — | 22.31% | 22.38% | 19.92% | 3.85% | 4.99% | 37.78% | 17.35% |
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Advanced Micro Devices Inc., net profit margin, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Advanced Micro Devices Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 28, 2024 | 6.36% | 14.94% |
| Dec 30, 2023 | 3.77% | 17.06% |
| Dec 31, 2022 | 5.59% | 25.54% |
| Dec 25, 2021 | 19.24% | 25.83% |
| Dec 26, 2020 | 25.50% | 23.10% |
| Dec 28, 2019 | 5.07% | 24.49% |
| Dec 29, 2018 | 5.20% | 27.65% |
| Dec 30, 2017 | 0.81% | 17.11% |
| Dec 31, 2016 | -11.63% | 14.20% |
| Dec 26, 2015 | -16.54% | 18.44% |
| Dec 27, 2014 | -7.32% | 19.81% |
| Dec 28, 2013 | -1.57% | 17.60% |
| Dec 29, 2012 | -21.82% | 15.90% |
| Dec 31, 2011 | 7.48% | 20.36% |
| Dec 25, 2010 | 7.25% | 21.68% |
| Dec 26, 2009 | 5.63% | 6.12% |
| Dec 27, 2008 | -53.34% | 9.71% |
| Dec 29, 2007 | -56.19% | 14.03% |
| Dec 31, 2006 | -2.94% | 17.67% |
| Dec 25, 2005 | 2.83% | 19.11% |
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).
Comparison to Industry (Information Technology)
Advanced Micro Devices Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Advanced Micro Devices Inc. | Information Technology | |
|---|---|---|
| Dec 28, 2024 | 6.36% | 20.64% |
| Dec 30, 2023 | 3.77% | 20.39% |
| Dec 31, 2022 | 5.59% | 22.45% |
| Dec 25, 2021 | 19.24% | 23.62% |
| Dec 26, 2020 | 25.50% | 19.67% |
| Dec 28, 2019 | 5.07% | 19.85% |
| Dec 29, 2018 | 5.20% | 18.57% |
| Dec 30, 2017 | 0.81% | 17.85% |
| Dec 31, 2016 | -11.63% | 17.79% |
| Dec 26, 2015 | -16.54% | 18.37% |
| Dec 27, 2014 | -7.32% | 19.38% |
| Dec 28, 2013 | -1.57% | 20.20% |
| Dec 29, 2012 | -21.82% | 20.07% |
| Dec 31, 2011 | 7.48% | 20.67% |
| Dec 25, 2010 | 7.25% | 20.23% |
| Dec 26, 2009 | 5.63% | 14.52% |
| Dec 27, 2008 | -53.34% | 15.20% |
| Dec 29, 2007 | -56.19% | 15.81% |
| Dec 31, 2006 | -2.94% | 16.23% |
| Dec 25, 2005 | 2.83% | 16.66% |
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).