Cohu Inc (COHU)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 43,272 | 125,557 | 201,518 | 3,260 | -52,328 |
| Revenue | US$ in thousands | 627,391 | 809,990 | 948,697 | 623,954 | 562,949 |
| Operating profit margin | 6.90% | 15.50% | 21.24% | 0.52% | -9.30% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $43,272K ÷ $627,391K
= 6.90%
Cohu Inc's operating profit margin has experienced fluctuations over the past five years. In particular:
- In 2023, the operating profit margin was 6.90%, showing a decrease from 15.50% in 2022.
- The company reported a significant decline in operating profit margin from 21.24% in 2021 to 0.52% in 2020.
- In 2019, Cohu Inc had a negative operating profit margin of -9.30%.
The decreasing trend in operating profit margin from 2021 to 2023 indicates a potential decline in the company's ability to generate profits from its core operations. Further analysis of the factors driving these fluctuations would provide greater insight into Cohu Inc's operational efficiency and profitability over time.
Peer comparison
Dec 31, 2023