Coherent Inc (COHR)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -156,154 | -259,458 | 234,759 | 297,552 | -67,029 |
| Revenue | US$ in thousands | 4,412,030 | 4,867,480 | 3,194,080 | 3,014,630 | 2,274,090 |
| Net profit margin | -3.54% | -5.33% | 7.35% | 9.87% | -2.95% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-156,154K ÷ $4,412,030K
= -3.54%
The net profit margin of Coherent Inc has fluctuated over the past five years. In Jun 30, 2020, the net profit margin was -2.95%, indicating that the company's net profit represented a negative percentage of its revenue. This was followed by a significant improvement in Jun 30, 2021, with the net profit margin increasing to 9.87%, signifying that the company's profitability improved substantially. However, this positive trend was not sustained as in Jun 30, 2022, the net profit margin dropped to 7.35%.
In the subsequent years, the net profit margin continued to decline. In Jun 30, 2023, it decreased to -5.33%, reflecting a loss exceeding the revenue generated. The trend worsened in Jun 30, 2024, with the net profit margin further decreasing to -3.54%, indicating ongoing challenges in generating profits relative to revenue.
Overall, the fluctuating net profit margins suggest inconsistency in Coherent Inc's ability to effectively control costs and manage profitability over the five-year period. Further analysis of the company's financial performance and strategic initiatives may be necessary to understand the reasons behind these fluctuations and identify potential areas for improvement.
Peer comparison
Jun 30, 2024