FormFactor Inc (FORM)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	64,780	82,756	54,912	98,038	83,788
Revenue	US$ in thousands	763,599	663,102	747,937	769,674	693,616
Operating profit margin		8.48%	12.48%	7.34%	12.74%	12.08%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $64,780K ÷ $763,599K
= 8.48%

FormFactor Inc's operating profit margin has shown fluctuation over the years based on the provided data. The company's operating profit margin was 12.08% as of December 31, 2020, and improved to 12.74% by the end of 2021. However, there was a significant decline in operating profit margin for the year ending December 31, 2022, dropping to 7.34%. The company managed to recover in the following year, as the operating profit margin increased to 12.48% by December 31, 2023. In the most recent period, as of December 31, 2024, the operating profit margin decreased to 8.48%.

This fluctuation in operating profit margin indicates potential shifts in the company's efficiency in managing its operating expenses relative to its revenue generation. It is essential for FormFactor Inc to closely monitor and manage its operating costs and revenue streams to sustain healthy operating margins and overall profitability in the long term.