FormFactor Inc (FORM)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	82,756	-14,459	-13,139	20,819	54,912	102,647	121,873	109,577	98,038	87,076	85,860	88,003	83,788	86,678	73,976	60,478	49,662	37,740	37,773	40,089
Revenue (ttm)	US$ in thousands	732,076	662,117	669,597	715,987	745,371	785,746	794,842	779,014	768,638	761,607	749,597	719,290	693,331	674,206	636,585	616,428	587,310	549,284	543,314	540,417
Operating profit margin		11.30%	-2.18%	-1.96%	2.91%	7.37%	13.06%	15.33%	14.07%	12.75%	11.43%	11.45%	12.23%	12.08%	12.86%	11.62%	9.81%	8.46%	6.87%	6.95%	7.42%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $82,756K ÷ $732,076K
= 11.30%

FormFactor Inc's operating profit margin has shown fluctuations over the past few quarters. The operating profit margin measures the company's efficiency at generating profits from its core operations.

In the most recent quarter of December 31, 2023, the operating profit margin stood at 11.30%, indicating that the company earned $0.11 in operating profit for every dollar of sales. This represents a moderate level of profitability.

While the September 30, 2023 quarter showed a negative operating profit margin of -2.18%, indicating that the company incurred operating losses during that period. It is essential for the company to closely monitor and address the factors contributing to such negative margins to ensure long-term sustainability.

Overall, FormFactor Inc's operating profit margins have ranged from negative figures to double digits over the past few quarters. The company should aim to maintain stable and healthy profit margins to ensure financial stability and growth in the long run.