Td Synnex(Snx) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for SNX
Report - net profit margin
This chart shows the historical trend of net profit margin for SNX compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Net Profit Margin
Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.
Interpretation:
• In '2021', SNX's net profit margin was 1.2%, measuring the overall profitability of the company. Industry average for Retail: Computer Software & Peripheral Equipment in '2021' stood at -21.0%.
• In '2022', SNX's net profit margin was 1.0%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for Retail: Computer Software & Peripheral Equipment in '2022' stood at -43.2%. Industry average declined by 22.2% from previous year.
• In '2023', SNX's net profit margin was 1.1%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Retail: Computer Software & Peripheral Equipment in '2023' stood at -14.5%. Industry average increased by 28.7% compared to previous year.
• In '2024', SNX's net profit margin was 1.2%, measuring the overall profitability of the company. The increase since '2023' reflects strengthening financial performance. Industry average for Retail: Computer Software & Peripheral Equipment in '2024' stood at 0.1%. Industry average increased by 14.5% compared to previous year.
Overall, SNX's net profit margin has remained generally stable over the past 4 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.