Littelfuse Inc (LFUS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 259,485 | 309,908 | 327,588 | 344,533 | 373,306 | 331,946 | 348,532 | 343,611 | 283,806 | 290,839 | 254,141 | 163,055 | 129,986 | 93,663 | 73,954 | 126,737 | 139,082 | 149,093 | 166,992 | 165,526 |
| 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 |
| Net profit margin | 11.19% | 12.82% | 13.29% | 14.00% | 15.15% | 13.93% | 15.27% | 15.60% | 13.88% | 15.26% | 14.39% | 10.50% | 9.03% | 6.80% | 5.54% | 8.90% | 9.39% | 9.65% | 10.27% | 9.85% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $259,485K ÷ $2,318,462K
= 11.19%
Littelfuse Inc's net profit margin has exhibited some fluctuation over the past several quarters. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses are deducted, has shown a general trend of decline from the end of 2021 through the third quarter of 2023.
The net profit margin was highest in the first quarter of 2019 at 15.27% and again in the first quarter of 2022 at 15.60%. However, there has been a downward trend since then, with the lowest margin reported in the first quarter of 2020 at 5.54%.
It's important to note that the net profit margin improved significantly in the most recent quarter, reaching 11.19%, up from 10.50% in the previous quarter. This may indicate a positive development in the company's profitability. Further monitoring of the net profit margin in upcoming periods will provide more insights into Littelfuse Inc's financial performance.
Peer comparison
Dec 31, 2023