Samsung Electronics reported net earnings of approximately $15.5 billion in fiscal year 2024, recovering from a sharp downturn the year prior. The South Korean company's chip and memory divisions drove the rebound as global semiconductor demand picked up through the second half of the year.
Annual Earnings Of Samsung
| Year |
Net Earnings (USD) |
YoY Change |
| 2015 | $18.7B | −18.4% |
| 2016 | $19.1B | +2.1% |
| 2017 | $42.2B | +121.0% |
| 2018 | $44.3B | +5.0% |
| 2019 | $21.7B | −51.0% |
| 2020 | $26.1B | +20.3% |
| 2021 | $39.9B | +52.9% |
| 2022 | $34.4B | −13.8% |
| 2023 | $6.3B | −81.7% |
| 2024 | $15.5B | +146.0% |
Samsung P/E Ratio
| Year |
P/E Ratio |
YoY Change |
| 2015 | 11.2x | — |
| 2016 | 13.8x | +23.2% |
| 2017 | 9.0x | −34.8% |
| 2018 | 7.2x | −20.0% |
| 2019 | 17.6x | +144.4% |
| 2020 | 21.3x | +21.0% |
| 2021 | 13.5x | −36.6% |
| 2022 | 12.1x | −10.4% |
| 2023 | 55.4x | +357.9% |
| 2024 | 19.8x | −64.3% |
