Cohu Inc (COHU)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	28,156	96,847	167,325	-13,801	-69,700
Revenue	US$ in thousands	627,391	809,990	948,697	623,954	562,949
Net profit margin		4.49%	11.96%	17.64%	-2.21%	-12.38%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $28,156K ÷ $627,391K
= 4.49%

Cohu Inc's net profit margin has shown significant fluctuations over the past five years. In 2023, the net profit margin stood at 4.49%, reflecting a decrease from the previous year's 11.96%. The trend indicates a decline in profitability as compared to the prior period. However, it is still higher than the negative net profit margins reported in 2020 and 2019, signifying an improvement in the company's financial performance in recent years. Further evaluation and comparison with industry benchmarks are recommended to assess Cohu Inc's profitability in a broader context.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

Cohu Inc

COHU

4.49%

Agilent Technologies Inc