Net Profit Margin
since 2005
Calculation
KLA Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to KLA1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2024 | 28.15% | = | 100 | × | 2,761,896) | ÷ | 9,812,247) |
| Jun 30, 2023 | 32.27% | = | 100 | × | 3,387,277) | ÷ | 10,496,056) |
| Jun 30, 2022 | 36.06% | = | 100 | × | 3,321,807) | ÷ | 9,211,883) |
| Jun 30, 2021 | 30.04% | = | 100 | × | 2,078,292) | ÷ | 6,918,734) |
| Jun 30, 2020 | 20.96% | = | 100 | × | 1,216,785) | ÷ | 5,806,424) |
| Jun 30, 2019 | 25.73% | = | 100 | × | 1,175,617) | ÷ | 4,568,904) |
| Jun 30, 2018 | 19.87% | = | 100 | × | 802,265) | ÷ | 4,036,701) |
| Jun 30, 2017 | 26.61% | = | 100 | × | 926,076) | ÷ | 3,480,014) |
| Jun 30, 2016 | 23.60% | = | 100 | × | 704,422) | ÷ | 2,984,493) |
| Jun 30, 2015 | 13.01% | = | 100 | × | 366,158) | ÷ | 2,814,049) |
| Jun 30, 2014 | 19.89% | = | 100 | × | 582,755) | ÷ | 2,929,408) |
| Jun 30, 2013 | 19.11% | = | 100 | × | 543,149) | ÷ | 2,842,781) |
| Jun 30, 2012 | 23.83% | = | 100 | × | 756,015) | ÷ | 3,171,944) |
| Jun 30, 2011 | 25.02% | = | 100 | × | 794,488) | ÷ | 3,175,167) |
| Jun 30, 2010 | 11.66% | = | 100 | × | 212,300) | ÷ | 1,820,760) |
| Jun 30, 2009 | -34.43% | = | 100 | × | (523,368) | ÷ | 1,520,216) |
| Jun 30, 2008 | 14.24% | = | 100 | × | 359,083) | ÷ | 2,521,716) |
| Jun 30, 2007 | 19.34% | = | 100 | × | 528,098) | ÷ | 2,731,229) |
| Jun 30, 2006 | 18.37% | = | 100 | × | 380,452) | ÷ | 2,070,627) |
| Jun 30, 2005 | 22.38% | = | 100 | × | 466,695) | ÷ | 2,085,153) |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
1 US$ in thousands
- Net Income Trends
- Net income attributable to the company demonstrated notable fluctuations over the examined period. Starting with a positive figure of approximately $467 million in mid-2005, net income declined until it reached a significant negative value of around -$523 million in mid-2009. After this trough, a steady recovery is observed, with net income rebounding strongly to peak at over $3.3 billion in mid-2022. Although there was a slight decrease afterward, net income remained substantial, with a figure above $2.7 billion by mid-2024. This pattern indicates resilience and a robust recovery following a period of loss.
- Revenue Trends
- Revenue figures show an overall upward trajectory throughout the period. Initial values around $2.1 billion in mid-2005 experienced a minor dip in 2009, coinciding with the period of net income loss, dropping to approximately $1.5 billion. Subsequently, revenues steadily increased, reaching a peak of over $10.4 billion by mid-2023, followed by a slight decrease to roughly $9.8 billion in mid-2024. This steady growth, with minor volatility, reflects the company's expanding sales and successful market engagement over the years.
- Net Profit Margin Analysis
- The net profit margin presents volatility aligned with net income and revenue variations. Initially at 22.38% in mid-2005, it dropped sharply to a negative margin of -34.43% during mid-2009, reflecting the company's loss period. Following this downturn, profitability improved significantly, with margins repeatedly exceeding 20%, peaking at 36.06% in mid-2022. The margin demonstrated a mild contraction subsequently, settling at 28.15% by mid-2024, indicating sustained strong profitability despite some recent margin compression.
- Key Insights
- The data highlights a pronounced negative financial impact around 2009, likely due to external economic conditions or internal challenges. The recovery phase is marked by increasing revenues and substantial enhancement of net income, culminating in record profitability by 2022. Despite the strong performance, the slight downturn in revenue and profit margin in the final year suggests emerging challenges or market adjustments. Overall, the company has demonstrated significant resilience and growth capability with strong profitability management post-2009 decline.
Comparison to Competitors
KLA Corp., net profit margin, long-term trends, comparison to competitors
| KLA Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 30, 2024 | 28.15% | 6.36% | 17.35% | 26.41% | 11.43% | -35.32% | 25.68% | 3.10% | 48.85% | 26.03% | 30.68% |
| Jun 30, 2023 | 32.27% | 3.77% | 26.94% | 25.86% | 39.31% | 3.11% | 25.88% | -37.54% | 16.19% | 20.19% | 37.16% |
| Jun 30, 2022 | 36.06% | 5.59% | 22.88% | 25.31% | 34.62% | 12.71% | 26.73% | 28.24% | 36.23% | 29.27% | 43.68% |
| Jun 30, 2021 | 30.04% | 19.24% | 19.00% | 25.53% | 24.54% | 25.14% | 26.72% | 21.16% | 25.98% | 26.94% | 42.35% |
| Jun 30, 2020 | 20.96% | 25.50% | 21.79% | 21.04% | 12.39% | 26.84% | 22.42% | 12.54% | 25.61% | 22.09% | 38.69% |
| Jun 30, 2019 | 25.73% | 5.07% | 22.75% | 18.52% | 12.05% | 29.25% | 22.70% | 26.97% | 35.34% | 18.07% | 34.88% |
| Jun 30, 2018 | 19.87% | 5.20% | 24.12% | 19.20% | 58.80% | 29.72% | 21.49% | 46.51% | 31.37% | -21.40% | 35.35% |
| Jun 30, 2017 | 26.61% | 0.81% | 14.24% | 23.62% | 9.59% | 15.30% | 21.19% | 25.04% | 24.11% | 11.06% | 24.61% |
| Jun 30, 2016 | 23.60% | -11.63% | 25.18% | 15.90% | -13.13% | 17.37% | 15.53% | -2.23% | 12.26% | 24.22% | 26.89% |
| Jun 30, 2015 | 13.01% | -16.54% | 20.29% | 14.26% | 19.99% | 20.63% | 12.47% | 17.90% | 13.47% | 20.85% | 22.97% |
| Jun 30, 2014 | 19.89% | -7.32% | 21.97% | 11.82% | 6.16% | 20.95% | 13.72% | 18.61% | 10.65% | 30.08% | 21.63% |
| Jun 30, 2013 | 19.11% | -1.57% | 25.57% | 3.41% | 21.90% | 18.25% | 3.16% | 13.12% | 13.14% | 27.56% | 17.71% |
| Jun 30, 2012 | 23.83% | -21.82% | 24.11% | 1.25% | 23.82% | 20.63% | 6.33% | -12.53% | 14.53% | 31.95% | 13.72% |
| Jun 30, 2011 | 25.02% | 7.48% | 28.98% | 18.31% | 23.63% | 23.97% | 22.35% | 1.90% | 7.14% | 28.48% | 16.28% |
| Jun 30, 2010 | 11.66% | 7.25% | 25.79% | 9.82% | 19.83% | 26.28% | 16.25% | 21.81% | -2.04% | 29.54% | 23.11% |
| Jun 30, 2009 | -34.43% | 5.63% | 12.30% | -6.09% | -2.96% | 12.44% | -27.08% | -38.21% | -0.88% | 15.28% | 14.10% |
| Jun 30, 2008 | 14.24% | -53.34% | 30.44% | 11.82% | — | 14.08% | 17.75% | -27.72% | 19.46% | 28.36% | 15.36% |
| Jun 30, 2007 | 19.34% | -56.19% | 19.52% | 17.57% | — | 18.20% | 26.72% | -5.63% | 14.63% | 37.23% | 19.20% |
| Jun 30, 2006 | 18.37% | -2.94% | 21.35% | 16.54% | — | 14.26% | 20.45% | 7.74% | 12.74% | 32.82% | 30.45% |
| Jun 30, 2005 | 22.38% | 2.83% | 17.36% | 17.30% | — | 22.31% | 19.92% | 3.85% | 4.99% | 37.78% | 17.35% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
KLA Corp., net profit margin, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| KLA Corp. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Jun 30, 2024 | 28.15% | 14.94% |
| Jun 30, 2023 | 32.27% | 17.06% |
| Jun 30, 2022 | 36.06% | 25.54% |
| Jun 30, 2021 | 30.04% | 25.83% |
| Jun 30, 2020 | 20.96% | 23.10% |
| Jun 30, 2019 | 25.73% | 24.49% |
| Jun 30, 2018 | 19.87% | 27.65% |
| Jun 30, 2017 | 26.61% | 17.11% |
| Jun 30, 2016 | 23.60% | 14.20% |
| Jun 30, 2015 | 13.01% | 18.44% |
| Jun 30, 2014 | 19.89% | 19.81% |
| Jun 30, 2013 | 19.11% | 17.60% |
| Jun 30, 2012 | 23.83% | 15.90% |
| Jun 30, 2011 | 25.02% | 20.36% |
| Jun 30, 2010 | 11.66% | 21.68% |
| Jun 30, 2009 | -34.43% | 6.12% |
| Jun 30, 2008 | 14.24% | 9.71% |
| Jun 30, 2007 | 19.34% | 14.03% |
| Jun 30, 2006 | 18.37% | 17.67% |
| Jun 30, 2005 | 22.38% | 19.11% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Industry (Information Technology)
KLA Corp., net profit margin, long-term trends, comparison to industry (information technology)
| KLA Corp. | Information Technology | |
|---|---|---|
| Jun 30, 2024 | 28.15% | 20.64% |
| Jun 30, 2023 | 32.27% | 20.39% |
| Jun 30, 2022 | 36.06% | 22.45% |
| Jun 30, 2021 | 30.04% | 23.62% |
| Jun 30, 2020 | 20.96% | 19.67% |
| Jun 30, 2019 | 25.73% | 19.85% |
| Jun 30, 2018 | 19.87% | 18.57% |
| Jun 30, 2017 | 26.61% | 17.85% |
| Jun 30, 2016 | 23.60% | 17.79% |
| Jun 30, 2015 | 13.01% | 18.37% |
| Jun 30, 2014 | 19.89% | 19.38% |
| Jun 30, 2013 | 19.11% | 20.20% |
| Jun 30, 2012 | 23.83% | 20.07% |
| Jun 30, 2011 | 25.02% | 20.67% |
| Jun 30, 2010 | 11.66% | 20.23% |
| Jun 30, 2009 | -34.43% | 14.52% |
| Jun 30, 2008 | 14.24% | 15.20% |
| Jun 30, 2007 | 19.34% | 15.81% |
| Jun 30, 2006 | 18.37% | 16.23% |
| Jun 30, 2005 | 22.38% | 16.66% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).