Lumentum Holdings Inc (LITE)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -546,500 | -131,600 | 198,900 | 397,300 | 135,500 |
| Revenue | US$ in thousands | 2,717,800 | 1,732,500 | 1,644,500 | 1,674,700 | 1,603,300 |
| Net profit margin | -20.11% | -7.60% | 12.09% | 23.72% | 8.45% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-546,500K ÷ $2,717,800K
= -20.11%
Lumentum Holdings Inc's net profit margin has exhibited fluctuations over the past five years, with a noticeable downward trend in the most recent period. The net profit margin was -20.11% in June 30, 2024, a significant decrease from the previous year's -7.60%. This negative net profit margin indicates that the company's expenses exceeded its revenues, resulting in a loss relative to its total sales. In contrast, the net profit margin was positive and higher in the two preceding years, indicating stronger profitability during those periods. The variation in net profit margin suggests changes in the company's cost structure, revenue generation capabilities, or efficiency in managing operating expenses. Evaluating the factors driving these fluctuations can provide valuable insights into Lumentum Holdings Inc's financial performance and strategic direction.
Peer comparison
Jun 30, 2024