Diodes Incorporated (DIOD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 50,450 | 250,571 | 408,193 | 275,985 | 134,332 |
| Revenue | US$ in thousands | 1,311,120 | 1,661,740 | 2,000,580 | 1,805,160 | 1,229,220 |
| Operating profit margin | 3.85% | 15.08% | 20.40% | 15.29% | 10.93% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $50,450K ÷ $1,311,120K
= 3.85%
The operating profit margin of Diodes Incorporated has shown fluctuations over the past five years. Starting at 10.93% on December 31, 2020, the margin increased to 15.29% by December 31, 2021, indicating improved efficiency in generating profit from operations. This positive trend continued into 2022, with a significant jump to 20.40%, suggesting strong management of operating expenses and increased revenue.
However, the margin dipped to 15.08% by December 31, 2023, which could be attributed to various factors such as changes in costs or pricing strategies during that period. The most notable change occurred by December 31, 2024, with a sharp decline to 3.85%, signaling a substantial decrease in profitability relative to revenue.
The decreasing trend in the operating profit margin in the latest period warrants further investigation into the company's cost structure, pricing strategies, or operational efficiency to identify potential areas for improvement. Overall, fluctuations in the operating profit margin of Diodes Incorporated indicate varying levels of operational efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024