Cohu Inc (COHU)

Net 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
Net income (ttm) US$ in thousands -69,818 -50,488 -28,517 -2,164 28,156 51,812 72,779 90,963 96,847 96,108 94,959 161,287 167,325 161,297 130,918 31,082 -13,801 -45,928 -49,750 -64,333
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
Net profit margin -17.38% -11.35% -5.70% -0.38% 4.42% 7.51% 9.75% 11.45% 11.92% 11.81% 11.41% 18.77% 18.86% 17.97% 15.90% 4.30% -2.17% -7.98% -8.75% -11.20%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-69,818K ÷ $401,779K
= -17.38%

The net profit margin of Cohu Inc has shown a fluctuating trend over the analyzed periods. It started with negative margins in early 2020, indicating that the company was experiencing losses relative to its revenue.

However, there was a gradual improvement in profitability from March 2021 onwards, as the net profit margin turned positive and continued to increase steadily throughout 2021. The company achieved its highest net profit margins in the second half of 2021, peaking at 18.86% in December 2021.

From March 2022 to June 2023, the net profit margin remained relatively stable in the range of 11-12%. Subsequently, there was a slight decline in profitability by the end of 2023, with a net profit margin decreasing to 4.42% in December.

The trend took a negative turn in 2024, where Cohu Inc experienced declining profitability, with net profit margins falling consistently across the year. By the end of December 2024, the net profit margin stood at -17.38%, indicating a significant decrease in profitability.

Overall, Cohu Inc's net profit margin analysis shows a mix of positive and negative trends over the analyzed periods, reflecting fluctuations in the company's profitability performance.


Peer comparison

Dec 31, 2024