Kulicke and Soffa Industries Inc (KLIC)

Operating profit margin

		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	Dec 31, 2019
Operating income (ttm)	US$ in thousands	-92,496	-75,711	-88,476	29,308	39,437	87,507	214,072	330,784	470,072	557,364	555,742	509,515	412,447	280,659	171,175	99,137	58,509	43,154	34,010	20,469
Revenue (ttm)	US$ in thousands	706,232	727,233	736,500	737,447	742,491	826,484	1,007,704	1,218,965	1,503,620	1,702,633	1,754,814	1,710,695	1,517,664	1,210,026	936,158	746,736	623,176	585,315	561,974	527,141
Operating profit margin		-13.10%	-10.41%	-12.01%	3.97%	5.31%	10.59%	21.24%	27.14%	31.26%	32.74%	31.67%	29.78%	27.18%	23.19%	18.28%	13.28%	9.39%	7.37%	6.05%	3.88%

September 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-92,496K ÷ $706,232K
= -13.10%

The operating profit margin of Kulicke and Soffa Industries Inc has shown fluctuations over the past eight quarters. The margin decreased significantly in the most recent quarter, standing at -13.10%, compared to the previous quarter's -10.41%. This downward trend suggests challenges in managing operating expenses relative to revenue generation.

Looking further back, there was a notable decline in the operating profit margin in the quarter ending March 2024, reaching -12.01%. However, in the quarter ending December 2023, the company managed to achieve a positive operating profit margin of 3.97%, indicating improved operational efficiency during that period.

A more positive trend was observed in the first half of 2022, with operating profit margins steadily increasing from 27.14% in March to 32.74% in June. This upward trend continued into 2023, with margins exceeding 30% for several quarters, reflecting strong operational performance and cost management during that period.

It is essential for Kulicke and Soffa Industries Inc to closely monitor and address the recent decline in operating profit margins to ensure sustained profitability and long-term financial health. Analyzing the factors contributing to these fluctuations and implementing strategic measures to optimize operational efficiency will be crucial for improving the company's financial performance.