Allegro Microsystems Inc (ALGM)

Operating 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
Operating income (ttm)	US$ in thousands	196,244	243,451	272,393	259,316	203,307	170,452	140,429	119,145	136,650	125,849	66,020	39,868
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
Operating profit margin		18.80%	22.74%	25.51%	25.16%	20.90%	18.83%	16.65%	14.90%	17.79%	16.96%	9.29%	6.10%

March 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $196,244K ÷ $1,043,668K
= 18.80%

The operating profit margin of Allegro Microsystems Inc has shown variability over the past several quarters. The margin was relatively high at 25.51% in September 2023 and moderately strong at 22.74% in December 2023. However, there was a noticeable decline to 18.80% in March 2024. Despite these fluctuations, the trend has generally been positive, with improvements in the margin observed compared to the earlier periods in 2021 and 2022. The company experienced a significant increase in operating profit margin from 9.29% in September 2021 to the current level of 18.80% in March 2024. This may indicate improving operational efficiency and cost management by Allegro Microsystems Inc during the analyzed period.