Diodes Incorporated (DIOD)

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	53,746	62,532	94,529	172,220	250,571	326,319	384,891	401,562	408,193	397,733	362,534	321,653	275,985	229,750	190,358	155,870	134,332	155,830	166,690	184,337
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
Operating profit margin		4.10%	4.83%	7.01%	11.51%	15.08%	17.78%	19.72%	20.22%	20.40%	20.04%	18.74%	17.16%	15.29%	13.71%	12.58%	11.45%	10.93%	13.21%	13.96%	15.02%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $53,746K ÷ $1,311,120K
= 4.10%

Diodes Incorporated has exhibited fluctuating trends in its operating profit margin over the past few years, as indicated in the provided data.

The operating profit margin started at a relatively healthy 15.02% as of March 31, 2020, signifying a favorable level of profitability from its core operations. However, there was a gradual decline in the operating profit margin in the subsequent quarters, reaching as low as 4.10% by December 31, 2024.

The company experienced a notable peak in its operating profit margin at 20.40% as of December 31, 2022, indicating a period of strong operational efficiency and profitability. This was followed by a gradual decrease in the margins in the subsequent quarters.

The overall trend suggests that Diodes Incorporated has faced challenges in maintaining consistent profitability from its core operations over the analyzed period. It is important for the company to closely monitor and manage its operational costs, revenues, and overall efficiency to sustain and improve its operating profit margin in the future.