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Block (SQ) Net Margin % : 4.75% (As of Sep. 2024)


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What is Block Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Block's Net Income for the three months ended in Sep. 2024 was $284 Mil. Block's Revenue for the three months ended in Sep. 2024 was $5,976 Mil. Therefore, Block's net margin for the quarter that ended in Sep. 2024 was 4.75%.

The historical rank and industry rank for Block's Net Margin % or its related term are showing as below:

SQ' s Net Margin % Range Over the Past 10 Years
Min: -18.12   Med: -2.01   Max: 7.97
Current: 4.41


SQ's Net Margin % is ranked better than
57.45% of 2759 companies
in the Software industry
Industry Median: 2.45 vs SQ: 4.41

Block Net Margin % Historical Data

The historical data trend for Block's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Block Net Margin % Chart

Block Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.97 2.24 0.94 -3.08 0.04

Block Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.58 1.77 7.92 3.17 4.75

Competitive Comparison of Block's Net Margin %

For the Software - Infrastructure subindustry, Block's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Block's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Block's Net Margin % distribution charts can be found below:

* The bar in red indicates where Block's Net Margin % falls into.



Block Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Block's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=9.772/21915.623
=0.04 %

Block's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=283.754/5975.801
=4.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Block  (NYSE:SQ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Block Net Margin % Related Terms

Thank you for viewing the detailed overview of Block's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Block Business Description

Address
1955 Broadway, Suite 600, Oakland, CA, USA, 94612
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2023, Square's payment volume was a little over $200 million.
Executives
Chrysty Esperanza officer: Interim Counsel Lead 1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Brian Grassadonia officer: Cash App Lead 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Amrita Ahuja officer: Chief Financial Officer 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Ajmere Dale officer: Chief Accounting Officer 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Roelof Botha director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Alyssa Henry officer: Seller Lead 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Lawrence Henry Summers director JOHN F. KENNEDY SCHOOL OF GOVERNMENT, MAILBOX 8, 79 JFK STREET, CAMBRIDGE MA 02138
Neha Narula director 1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Sivan Whiteley officer: Gen. Counsel & Corp. Secretary 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Sharon Rothstein director C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Mckelvey James Morgan Jr. director, 10 percent owner 2645 SOUTH BAYSHORE #802, MIAMI FL 33133
Carter Shawn Corey director C/O S. CARTER ENTERPRISES, LLC, 1411 BROADWAY, NEW YORK NY 10018
Jack Dorsey director, 10 percent owner, officer: President, CEO & Chairman C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Mary G Meeker director 2750 SAND HILL ROAD, MENLO PARK CA 94025
David A Viniar director C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282