Advanced Energy Industries Inc (AEIS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 113,694 | 158,025 | 205,536 | 228,476 | 233,095 | 217,204 | 163,841 | 152,156 | 151,681 | 165,256 | 200,001 | 194,397 | 176,023 | 142,440 | 92,876 | 68,405 | 54,388 | 51,756 | 82,228 | 127,241 |
| 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 |
| Operating profit margin | 6.94% | 9.13% | 11.18% | 12.25% | 12.68% | 12.44% | 10.40% | 10.17% | 10.45% | 11.60% | 13.62% | 13.43% | 12.48% | 10.33% | 7.97% | 7.11% | 6.89% | 8.55% | 13.62% | 19.16% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $113,694K ÷ $1,639,083K
= 6.94%
Advanced Energy Industries Inc.'s operating profit margin has displayed a downward trend over the past several quarters. In Q4 2023, the operating profit margin decreased to 8.50% from 9.91% in the previous quarter. This decline marks a continuation of the decreasing trend that has been observed since Q1 2023. Compared to the same period in the prior year, the operating profit margin has also declined, as it stood at 13.00% in Q4 2022.
Although the operating profit margin has fluctuated, it has generally been above 10% in recent quarters until the most recent quarter. The decreasing trend in operating profit margins may indicate potential challenges or inefficiencies in managing operating expenses relative to sales. It is essential for the company to closely monitor and address these issues to maintain and improve profitability in the future.
Peer comparison
Dec 31, 2023