Littelfuse Inc (LFUS)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 769,469 | 756,710 | 767,689 | 811,246 | 884,220 | 935,185 | 965,135 | 993,274 | 1,006,913 | 977,880 | 935,631 | 870,056 | 771,926 | 710,517 | 634,121 | 535,824 | 499,070 | 474,454 | 467,224 | 509,933 |
| Revenue (ttm) | US$ in thousands | 2,190,769 | 2,195,071 | 2,234,752 | 2,288,260 | 2,362,657 | 2,442,101 | 2,493,910 | 2,500,349 | 2,513,897 | 2,453,711 | 2,334,412 | 2,239,464 | 2,079,928 | 1,927,559 | 1,779,544 | 1,563,393 | 1,445,695 | 1,383,522 | 1,353,927 | 1,444,469 |
| Gross profit margin | 35.12% | 34.47% | 34.35% | 35.45% | 37.42% | 38.29% | 38.70% | 39.73% | 40.05% | 39.85% | 40.08% | 38.85% | 37.11% | 36.86% | 35.63% | 34.27% | 34.52% | 34.29% | 34.51% | 35.30% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $769,469K ÷ $2,190,769K
= 35.12%
Littelfuse Inc's gross profit margin has shown fluctuations over the past few years. The company's gross profit margin stood at around 35% in early 2020, and gradually increased to reach a peak of 40.08% by June 30, 2022. However, there was a slight dip in the margin in the following quarters, with the margin fluctuating between 34% to 38% from September 2022 to March 2024.
Overall, the trend indicates that Littelfuse Inc has been able to improve its gross profit margin over the years, reaching a peak in mid-2022 before experiencing some fluctuations. The company's ability to maintain a gross profit margin above 30% signifies its efficiency in managing production costs and generating revenue from its core operations. Further analysis would be needed to understand the specific factors driving these fluctuations and assess the company's operational performance in more detail.
Peer comparison
Dec 31, 2024