Littelfuse Inc (LFUS)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 900,241 | 935,185 | 965,135 | 993,274 | 1,006,913 | 977,880 | 935,631 | 870,056 | 771,926 | 710,517 | 634,776 | 537,282 | 501,172 | 476,824 | 470,701 | 515,107 | 546,295 | 586,897 | 633,783 | 658,462 |
| Revenue (ttm) | US$ in thousands | 2,318,462 | 2,418,117 | 2,465,213 | 2,461,812 | 2,463,322 | 2,383,122 | 2,282,657 | 2,203,251 | 2,044,243 | 1,905,343 | 1,766,270 | 1,553,224 | 1,439,034 | 1,376,861 | 1,335,553 | 1,423,926 | 1,481,403 | 1,545,161 | 1,626,151 | 1,680,487 |
| Gross profit margin | 38.83% | 38.67% | 39.15% | 40.35% | 40.88% | 41.03% | 40.99% | 39.49% | 37.76% | 37.29% | 35.94% | 34.59% | 34.83% | 34.63% | 35.24% | 36.18% | 36.88% | 37.98% | 38.97% | 39.18% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $900,241K ÷ $2,318,462K
= 38.83%
Over the period analyzed, Littelfuse Inc's gross profit margin has shown some fluctuations. The gross profit margin represents the percentage of revenue that exceeds the cost of goods sold, indicating the company's ability to generate profit from its core operational activities.
The gross profit margin ranged from a low of 34.59% in March 2021 to a high of 41.03% in September 2022. The highest margin indicates that the company was able to effectively manage its production costs and generate a larger percentage of revenue as gross profit.
Overall, the trend in the gross profit margin shows some variability, which could be influenced by various factors such as changes in pricing strategies, raw material costs, or operational efficiencies. Investors and analysts may want to further investigate the reasons behind these fluctuations to gain a deeper understanding of the company's performance and sustainability of its profitability.
Peer comparison
Dec 31, 2023