FormFactor Inc (FORM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 69,614 | 82,387 | 50,738 | 83,924 | 78,523 |
| Revenue | US$ in thousands | 763,599 | 663,102 | 747,937 | 769,674 | 693,616 |
| Net profit margin | 9.12% | 12.42% | 6.78% | 10.90% | 11.32% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $69,614K ÷ $763,599K
= 9.12%
The net profit margin of FormFactor Inc has displayed some variability over the past five years, ranging from a high of 12.42% in December 31, 2023, to a low of 6.78% in December 31, 2022. The company's ability to convert revenue into profit was strongest in 2023, showcasing efficient cost management and operational effectiveness. However, there was a slight decline in the net profit margin to 9.12% by December 31, 2024, possibly indicating some challenges in controlling costs or maintaining profitability. Overall, FormFactor Inc has managed to maintain a relatively healthy net profit margin above 9% in most years, indicating reasonable profitability levels despite some fluctuations.
Peer comparison
Dec 31, 2024