Cohu Inc (COHU)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -71,668 | 43,272 | 125,557 | 132,865 | 17,861 |
| Revenue | US$ in thousands | 401,779 | 636,322 | 812,775 | 887,214 | 636,007 |
| Operating profit margin | -17.84% | 6.80% | 15.45% | 14.98% | 2.81% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-71,668K ÷ $401,779K
= -17.84%
Based on the data provided for Cohu Inc's operating profit margin over the period from December 31, 2020, to December 31, 2024, the company's performance has varied significantly.
In December 2020, Cohu Inc had an operating profit margin of 2.81%, indicating that the company was generating a relatively low level of operating profit compared to its revenue at that time.
The operating profit margin saw a substantial improvement by December 2021, reaching 14.98%. This significant increase suggests that Cohu Inc was able to streamline its operations, reduce costs, or increase revenues, leading to a healthier margin.
Continuing the positive trend, the operating profit margin further improved to 15.45% by December 2022. This indicates that Cohu Inc's operational efficiency and profitability continued to strengthen during this period.
However, the operating profit margin dropped to 6.80% by December 2023, showing a potential decline in profitability compared to the previous year. This decrease could be attributed to various factors such as increased operating expenses or a slowdown in revenue growth.
The most concerning observation is the negative operating profit margin of -17.84% by December 2024. A negative operating profit margin indicates that Cohu Inc's operating expenses exceeded its operating income, resulting in a net loss from operations.
In summary, Cohu Inc's operating profit margin fluctuated significantly over the analyzed period, showing both improvements and declines. It is essential for the company to closely monitor its operational efficiency, cost management, and revenue generation to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024