Cohu Inc (COHU)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -69,700 | -109,188 | -93,917 | -62,946 |
| Revenue (ttm) | US$ in thousands | 629,363 | 683,338 | 741,439 | 791,525 | 809,990 | 809,089 | 824,680 | 925,739 | 948,812 | 964,541 | 892,945 | 714,217 | 627,430 | 567,086 | 556,311 | 560,509 | 568,943 | 597,569 | 543,374 | 501,974 |
| Net profit margin | 4.47% | 7.58% | 9.82% | 11.49% | 11.96% | 11.88% | 11.51% | 17.42% | 17.64% | 16.72% | 14.66% | 4.35% | -2.20% | -8.10% | -8.94% | -11.48% | -12.25% | -18.27% | -17.28% | -12.54% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $28,156K ÷ $629,363K
= 4.47%
The net profit margin of Cohu Inc has shown variability over the past few quarters. It stood at 4.47% in December 2023, showing a decrease from the previous quarter's 7.58%. However, this is still higher than the margins recorded in the first half of the year.
The net profit margin peaked at 17.64% in March 2022 before declining in subsequent quarters. This declining trend continued until March 2023 when it hit the lowest point at 4.35%. The margin then improved in the following quarter, reaching 11.49% in March 2023.
Overall, Cohu Inc's net profit margin has shown fluctuations, with both positive and negative trends. Management may need to closely monitor profitability and operational efficiency to ensure sustainable business performance in the future.
Peer comparison
Dec 31, 2023