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

Company name
Symbol
Net profit margin
Advanced Energy Industries Inc
AEIS
7.83%
Impinj Inc
PI
8.27%
Vicor Corporation
VICR
12.95%