Littelfuse Inc (LFUS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 158,780 | 360,862 | 500,826 | 385,642 | 162,372 |
| Revenue | US$ in thousands | 2,190,770 | 2,362,660 | 2,513,900 | 2,079,930 | 1,445,700 |
| Operating profit margin | 7.25% | 15.27% | 19.92% | 18.54% | 11.23% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $158,780K ÷ $2,190,770K
= 7.25%
Based on the data provided, Littelfuse Inc's operating profit margin has shown fluctuations over the years. The company's operating profit margin increased from 11.23% in 2020 to 18.54% in 2021, indicating improved operational efficiency and profitability. In 2022, the margin further improved to 19.92%, suggesting effective cost management and revenue generation strategies.
However, in 2023, there was a slight decline in the operating profit margin to 15.27%, which could be attributed to various factors such as increased operating expenses or changes in revenue streams. The most significant drop occurred in 2024, with the operating profit margin decreasing to 7.25%, signaling potential challenges in maintaining profitability.
Overall, it is essential for Littelfuse Inc to closely monitor its operating profit margin trends, identify key drivers impacting profitability, and take necessary actions to sustain and improve its operational performance in the future.
Peer comparison
Dec 31, 2024