We are talking about a multibillion company, that builds a needed product for the current world. I haven't seen these margins in tech industry, maybe Facebook when Zuckerberg was happy printing money and not betting on metaverse and VR - but we can't compare Nvidia with "software" companies, as it is a hardware one.
Please see below the last few Quarter trend - I am taking from FY22 until the latest Q reported:
- Net Margins: Better than TSMC!!
- FCF Growth rate is mindblowing, if that's the new trend for few quarters... you can guess what will happen to its valuation
- The Chart: https://snipboard.io/woAlMI.jpg
- The Table:
| Period | Gross Margin % | Net Margin % | FCF (in millions) |
|---|---|---|---|
| FY24 Q2 | 70.1% | 45.8% | $6,048 |
| FY24 Q1 | 65.5% | 19.5% | $1,348 |
| FY23 Q4 | 63.3% | 23.5% | $1,736 |
| FY23 Q3 | 65.2% | 34.7% | $1,276 |
| FY23 Q2 | 64.8% | 36.5% | $2,478 |
| FY23 Q1 | 65.4% | 33.8% | $2,739 |
| FY22 Q4 | 65.4% | 39.7% | $2,739 |
| FY22 Q3 | 65.5% | 33.8% | $1,557 |
| FY22 Q2 | 61.9% | 26.9% | $1,336 |
| FY22 Q1 | 61.4% | 24.6% | $1,336 |
Submitted August 24, 2023 at 02:03AM by JournalistFew2794 https://ift.tt/aMRPz8F
