Diodes Incorporated (DIOD)

Net 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
Net income (ttm)	US$ in thousands	44,024	61,075	96,050	170,070	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
Revenue (ttm)	US$ in thousands	1,311,120	1,294,521	1,349,089	1,496,470	1,661,739	1,835,252	1,951,878	1,985,698	2,000,580	1,984,539	1,934,688	1,874,164	1,805,162	1,675,361	1,513,398	1,361,619	1,229,215	1,180,002	1,194,217	1,227,554
Net profit margin		3.36%	4.72%	7.12%	11.36%	13.67%	16.02%	16.99%	16.61%	16.56%	15.36%	14.82%	13.98%	12.67%	11.52%	10.02%	8.62%	7.98%	9.79%	10.59%	11.54%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $44,024K ÷ $1,311,120K
= 3.36%

Diodes Incorporated's net profit margin has shown fluctuations over the years, reflecting changes in the company's profitability. The net profit margin started at 11.54% in March 2020 and gradually decreased to 7.98% by December 2020. However, there was a rebound in profitability with the net profit margin increasing to 16.56% by December 2022.

Despite the positive trend in profitability, there was a notable decline in the net profit margin from March 2023 to December 2024, falling to 3.36%. This decrease may indicate challenges or inefficiencies impacting the company's bottom line during this period.

Overall, while Diodes Incorporated has experienced fluctuations in its net profit margin over the years, it is essential for the company to address any issues affecting profitability and enhance operational efficiency to sustain long-term financial health.