Cohu Inc (COHU)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -72,560 | -42,739 | -19,568 | 12,750 | 51,132 | 70,181 | 96,486 | 119,248 | 127,064 | 117,376 | 117,385 | 193,481 | 201,518 | 202,737 | 167,661 | 52,616 | 3,260 | -29,173 | -33,836 | -47,970 |
| 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 |
| Operating profit margin | -18.06% | -9.61% | -3.91% | 2.26% | 8.04% | 10.17% | 12.93% | 15.01% | 15.63% | 14.43% | 14.11% | 22.51% | 22.71% | 22.58% | 20.36% | 7.28% | 0.51% | -5.07% | -5.95% | -8.35% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-72,560K ÷ $401,779K
= -18.06%
The operating profit margin of Cohu Inc has displayed a fluctuating trend over the reported periods. Starting from negative values in March 2020 (-8.35%) and improving gradually to positive territory reaching 0.51% in December 2020. Subsequently, there was a notable increase, with the operating profit margin reaching 22.71% by December 2021. The margin remained relatively stable around this level until March 2023, where it started to decline gradually.
The operating profit margin peaked at 22.58% in September 2021, but since then, there has been a downward trend with intermittent fluctuations. By the end of December 2024, the operating profit margin has decreased significantly to -18.06%. This decrease indicates a decrease in profitability relative to revenues during that period. It would be essential for Cohu Inc to closely monitor and analyze the factors contributing to this decline to take corrective actions if needed.
Peer comparison
Dec 31, 2024