Cohu Inc (COHU)
Gross profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 150,928 | 166,434 | 202,495 | 245,666 | 292,430 | 330,609 | 357,780 | 370,047 | 374,985 | 366,228 | 363,867 | 375,912 | 386,961 | 393,808 | 361,603 | 317,903 | 271,782 | 234,616 | 230,049 | 231,498 |
Revenue (ttm) | US$ in thousands | 401,779 | 444,883 | 500,345 | 564,565 | 636,322 | 690,201 | 746,084 | 794,389 | 812,775 | 813,530 | 831,906 | 859,483 | 887,214 | 897,709 | 823,293 | 722,574 | 636,007 | 575,663 | 568,514 | 574,441 |
Gross profit margin | 37.56% | 37.41% | 40.47% | 43.51% | 45.96% | 47.90% | 47.95% | 46.58% | 46.14% | 45.02% | 43.74% | 43.74% | 43.62% | 43.87% | 43.92% | 44.00% | 42.73% | 40.76% | 40.46% | 40.30% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $150,928K ÷ $401,779K
= 37.56%
The gross profit margin of Cohu Inc has shown fluctuations over the periods provided. It started at 40.30% on March 31, 2020, increased steadily to reach its peak of 47.95% on June 30, 2023, but then experienced a decline to 37.56% by December 31, 2024. The trend indicates that the company was able to improve its efficiency in generating profits from sales during most of the period, with occasional downturns observed towards the end. The company should closely monitor this metric to ensure sustainable profitability levels in the future.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Cohu Inc
COHU
37.56%
Agilent Technologies Inc
A
26.88%
Itron Inc
ITRI
34.37%
Teradyne Inc
TER
58.37%
Veralto Corporation
VLTO
60.81%