Diodes Incorporated (DIOD)

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	227,182	293,941	331,607	329,742	331,283	304,745	286,783	262,002	228,763	192,985	151,713	117,372	98,088	115,543	126,451	141,702	153,250	135,579	128,427	117,211
Revenue (ttm)	US$ in thousands	1,651,266	1,823,884	1,936,362	1,974,817	1,994,331	1,979,149	1,932,418	1,869,138	1,795,386	1,668,079	1,500,365	1,344,860	1,215,429	1,190,516	1,208,265	1,245,348	1,265,885	1,254,874	1,252,002	1,234,344
Net profit margin		13.76%	16.12%	17.13%	16.70%	16.61%	15.40%	14.84%	14.02%	12.74%	11.57%	10.11%	8.73%	8.07%	9.71%	10.47%	11.38%	12.11%	10.80%	10.26%	9.50%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $227,182K ÷ $1,651,266K
= 13.76%

Diodes, Inc.'s net profit margin has exhibited variations over the past eight quarters. The net profit margin ranged from 13.67% to 16.99% in 2023, showing relatively consistent performance. In comparison to the same quarter of the previous year, the net profit margin has generally been stable or slightly improving. The company's net profit margin peaked at 16.99% in Q2 2023, indicating efficient cost management and strong revenue generation during that period. Overall, Diodes, Inc. has maintained healthy profitability levels, with the net profit margin consistently above 13%, demonstrating a strong ability to convert revenue into profit.