Allegro Microsystems Inc (ALGM)

Net profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 23, 2022	Sep 23, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Net income (ttm)	US$ in thousands	152,697	221,789	252,963	237,960	187,357	150,996	119,413	101,985	119,407	102,435	64,404	40,802
Revenue (ttm)	US$ in thousands	1,043,668	1,070,478	1,067,931	1,030,581	972,710	905,391	843,434	799,845	768,055	741,851	710,474	653,311
Net profit margin		14.63%	20.72%	23.69%	23.09%	19.26%	16.68%	14.16%	12.75%	15.55%	13.81%	9.06%	6.25%

March 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $152,697K ÷ $1,043,668K
= 14.63%

Allegro Microsystems Inc's net profit margin has shown fluctuations over the past few quarters. The trend indicates that the company's ability to convert revenue into net profit has varied. The net profit margin was relatively high in the second and third quarters of 2023, reaching 23.69% and 23.09% respectively, before slightly declining in the fourth quarter of 2023 to 20.72%.

In the first quarter of 2024, the net profit margin further decreased to 14.63%. However, this figure is still above the margins reported in the first three quarters of 2023. It is important to note that the net profit margin fluctuated within this period, with some quarters showing significant improvement compared to others.

Overall, the net profit margin of Allegro Microsystems Inc has displayed variability, and further analysis of the company's financial performance and cost structure may be needed to understand the reasons behind these fluctuations fully.