Advanced Energy Industries Inc (AEIS)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 128,284 | 134,527 | 175,973 | 193,803 | 199,660 | 195,570 | 142,407 | 132,846 | 134,736 | 136,922 | 161,545 | 155,280 | 134,675 | 103,098 | 65,092 | 67,634 | 64,941 | 74,083 | 101,241 | 115,916 |
| Revenue (ttm) | US$ in thousands | 1,639,083 | 1,729,945 | 1,837,914 | 1,864,718 | 1,838,443 | 1,745,464 | 1,576,116 | 1,496,837 | 1,451,137 | 1,425,066 | 1,468,727 | 1,447,130 | 1,409,954 | 1,378,932 | 1,164,898 | 961,575 | 789,424 | 605,317 | 603,631 | 664,251 |
| Net profit margin | 7.83% | 7.78% | 9.57% | 10.39% | 10.86% | 11.20% | 9.04% | 8.88% | 9.28% | 9.61% | 11.00% | 10.73% | 9.55% | 7.48% | 5.59% | 7.03% | 8.23% | 12.24% | 16.77% | 17.45% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $128,284K ÷ $1,639,083K
= 7.83%
The net profit margin of Advanced Energy Industries Inc. has exhibited some fluctuations over the past eight quarters. In Q1 2023, the company achieved a net profit margin of 10.35%, showing a slight decline compared to the previous quarter's margin of 9.52% in Q2 2023. This decline continued into Q3 2023 with a net profit margin of 7.73%. However, the company managed to improve its performance in Q4 2023 with a net profit margin of 7.75%, although still lower than the margins in the first two quarters of the year.
Comparing the latest quarter's net profit margin to the same quarter in the previous year, there has been a decrease from 10.82% in Q4 2022 to 7.75% in Q4 2023. This downward trend indicates that the company may be facing challenges in maintaining profitability. It is essential for Advanced Energy Industries Inc. to closely monitor its expenses and revenue generation to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2023