Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

$24.99

Net Profit Margin
since 2005

Microsoft Excel

Calculation

Intel Corp., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 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: 2006-12-30), 10-K (reporting date: 2005-12-31).

1 US$ in millions


The net profit margin exhibited considerable fluctuation over the period from 2005 to 2025. Initially, the margin demonstrated a decline from 22.31% in 2005 to 14.26% in 2006, followed by a recovery to 18.20% in 2007. Subsequent years saw a moderate decrease, reaching 12.44% in 2009 before a substantial increase to 26.28% in 2010.

From 2011 through 2013, the net profit margin remained relatively stable, fluctuating between 20.63% and 23.97%. A further increase was observed in 2014, reaching 20.95%, and remained around this level through 2016 at 17.37%. A gradual decline then occurred between 2016 and 2018, falling to 15.30% before a significant surge to 29.72% in 2018 and remaining high at 29.25% in 2019.

The period from 2020 to 2022 showed a consistent, though less dramatic, decrease in the net profit margin, moving from 26.84% to 12.71%. A sharp downturn was then observed in 2023, resulting in a negative net profit margin of -35.32%, and continued into 2024 with a margin of -0.51%.

Overall Trend
The overall trend is characterized by significant volatility. While periods of strong profitability were evident, particularly between 2010 and 2019, the latter years demonstrate a marked deterioration in profitability, culminating in substantial losses in 2023 and 2024.
Peak Performance
The highest net profit margins were recorded in 2010, 2018, and 2019, all exceeding 26%. This suggests periods of strong operational efficiency and favorable market conditions.
Recent Performance
The recent performance, specifically 2023 and 2024, is concerning. The negative net profit margins indicate that the company’s costs exceeded its revenues during these years, potentially due to increased expenses, declining sales, or a combination of both. The substantial decline from positive margins in prior years warrants further investigation.
Correlation with Revenue
While not explicitly analyzed here, it is important to note that the net profit margin fluctuations appear to be partially correlated with changes in net revenue. For example, the decline in revenue in 2022 and 2023 coincides with the significant drop in net profit margin. However, the magnitude of the margin decline suggests factors beyond revenue alone are at play.

Comparison to Competitors

Intel Corp., net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 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: 2006-12-30), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

Intel Corp., net profit margin, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 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: 2006-12-30), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Information Technology)