Littelfuse Inc (LFUS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 360,862 | 390,541 | 418,766 | 460,877 | 500,826 | 499,421 | 497,658 | 459,751 | 385,642 | 357,859 | 302,310 | 194,103 | 162,372 | 129,675 | 112,284 | 176,868 | 192,791 | 212,102 | 241,163 | 248,151 |
| 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 |
| Operating profit margin | 15.56% | 16.15% | 16.99% | 18.72% | 20.33% | 20.96% | 21.80% | 20.87% | 18.86% | 18.78% | 17.12% | 12.50% | 11.28% | 9.42% | 8.41% | 12.42% | 13.01% | 13.73% | 14.83% | 14.77% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $360,862K ÷ $2,318,462K
= 15.56%
The operating profit margin of Littelfuse Inc has fluctuated over the past few quarters. It decreased from 15.56% in December 2023 to 16.15% in September 2023 before increasing to 16.99% in June 2023. However, it then experienced significant growth, reaching 18.72% in March 2023. This positive trend continued with operating profit margins of 20.33% in December 2022, 20.96% in September 2022, and 21.80% in June 2022, indicating strong operational efficiency and profitability during that period.
Subsequently, there was a slight decline in the operating profit margin to 20.87% in March 2022. The margin further decreased to 18.86% in December 2021 and remained relatively stable around the 18% mark for the following quarters, with values of 18.78% in September 2021 and 17.12% in June 2021.
Notably, there was a dip in the operating profit margin in March 2021 to 12.50%, likely indicating operational challenges or increased costs during that period. The margin continued to decrease to 11.28% in December 2020 and 9.42% in September 2020 before showing a slight improvement to 8.41% in June 2020.
However, there was a significant recovery in the operating profit margin to 12.42% in March 2020. This positive trend was sustained with margins of 13.01% in December 2019, 13.73% in September 2019, and 14.83% in June 2019, showcasing improved operational performance and efficiency during those quarters.
Overall, the operating profit margin of Littelfuse Inc has displayed fluctuations over the analyzed period, demonstrating variations in the company's ability to generate profits from its core business operations. It is essential for stakeholders to closely monitor these trends to assess the company's financial health and performance.
Peer comparison
Dec 31, 2023