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Xilinx (Xilinx) Operating Income : $970 Mil (TTM As of Dec. 2021)


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What is Xilinx Operating Income?

Xilinx's Operating Income for the three months ended in Dec. 2021 was $310 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2021 was $970 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Xilinx's Operating Income for the three months ended in Dec. 2021 was $310 Mil. Xilinx's Revenue for the three months ended in Dec. 2021 was $1,011 Mil. Therefore, Xilinx's Operating Margin % for the quarter that ended in Dec. 2021 was 30.67%.

Warning Sign:

Xilinx Inc operating margin has been in 5-year decline. The average rate of decline per year is -4.3%.

Xilinx's 5-Year average Growth Rate for Operating Margin % was -4.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xilinx's annualized ROC % for the quarter that ended in Dec. 2021 was 56.64%. Xilinx's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 288.82%.


Xilinx Operating Income Historical Data

The historical data trend for Xilinx's Operating Income 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.

Xilinx Operating Income Chart

Xilinx Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 706.39 719.37 956.80 820.25 753.14

Xilinx Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Operating Income 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 172.43 199.78 210.36 249.84 310.11

Xilinx Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $970 Mil.

* 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.


Xilinx  (NAS:XLNX) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Xilinx's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2021 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=1240.456 * ( 1 - 10.53% )/( (1960.148 + 1958.923)/ 2 )
=1109.8359832/1959.5355
=56.64 %

where

Invested Capital(Q: Sep. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5995.561 - 614.186 - ( 3421.227 - max(0, 614.186 - 4185.092+3421.227))
=1960.148

Invested Capital(Q: Dec. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6345.441 - 684.477 - ( 3702.041 - max(0, 684.477 - 4529.861+3702.041))
=1958.923

Note: The Operating Income data used here is four times the quarterly (Dec. 2021) data.

2. Joel Greenblatt's definition of Return on Capital:

Xilinx's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2021  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1382.604/( ( (336.183 + max(149.679, 0)) + (328.202 + max(143.343, 0)) )/ 2 )
=1382.604/( ( 485.862 + 471.545 )/ 2 )
=1382.604/478.7035
=288.82 %

where Working Capital is:

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(405.04 + 285.568 + 73.257) - (614.186 + 0 + 0)
=149.679

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(439.397 + 331.071 + 57.352) - (684.477 + 0 + 0)
=143.343

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Xilinx's Operating Margin % for the quarter that ended in Dec. 2021 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2021 )/Revenue (Q: Dec. 2021 )
=310.114/1011.059
=30.67 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Xilinx Operating Income Related Terms

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Xilinx (Xilinx) Business Description

Traded in Other Exchanges
N/A
Address
2100 Logic Drive, San Jose, CA, USA, 95124
Founded in 1984, Xilinx is the leader in FPGAs by market share. Its chips are critical in the performance of various devices in the communications, data processing, industrial, consumer, and automotive markets. Xilinx designs and sells FPGAs, but it outsources manufacturing to third-party chip foundries such as TSMC.
Executives
Mark Wadlington officer: SVP, Global Sales 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Vincent Tong officer: Executive Vice President 2100 LOGIC DRIVE SAN JOSE CA 95124
William Christopher Madden officer: EVP, FPGA & Silicon Tech 2100 ALL PROGRAMMABLE DRIVE SAN JOSE CA 95124
Catia Hagopian officer: Sr. VP General Counsel 2100 LOGIC DRIVE SAN JOSE CA 95124
Vamsi Boppana officer: SVP, Central Engineering 2100 LOGIC DRIVE SAN JOSE CA 95124
Salil Raje officer: EVP, Software and IP Products 2100 ALL PROGRAMMABLE DRIVE SAN JOSE CA 95124
Sumeet Gagneja officer: CVP & Principal Acct Officer 160 RIO ROBLES SAN JOSE CA 95134
Thomas H Lee director 2100 LOGIC DRIVE SAN JOSE CA 95124
Marshall C Turner director 220 MONTGOMERY ST, PENTHOUSE 10, SAN FRANCISCO CA 94104
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Saar Gillai director 200 FLYNN ROAD, CAMARILLO CA 93012
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
John Michael Patterson director 2100 LOGIC DRIVE SAN JOSE CA 95124
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Ronald Steven Jankov director 3875 FREEDOM CIRCLE, SUITE 900, SANTA CLARA CA 95054