Lumentum Holdings Inc (LITE)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -546,500 | -354,200 | -266,500 | -199,100 | -131,600 | -36,700 | 28,600 | 117,000 | 198,900 | 185,700 | 385,200 | 411,700 | 397,300 | 371,200 | 189,100 | 155,000 | 135,500 | 114,300 | -3,400 | -36,200 |
| Revenue (ttm) | US$ in thousands | 2,717,600 | 1,391,000 | 1,408,200 | 1,548,200 | 1,739,700 | 1,773,200 | 1,774,200 | 1,706,700 | 1,645,500 | 1,617,600 | 1,645,000 | 1,678,600 | 1,678,000 | 1,654,700 | 1,639,500 | 1,616,400 | 1,617,500 | 1,669,900 | 1,714,900 | 1,648,500 |
| Net profit margin | -20.11% | -25.46% | -18.92% | -12.86% | -7.56% | -2.07% | 1.61% | 6.86% | 12.09% | 11.48% | 23.42% | 24.53% | 23.68% | 22.43% | 11.53% | 9.59% | 8.38% | 6.84% | -0.20% | -2.20% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-546,500K ÷ $2,717,600K
= -20.11%
Net profit margin is a key financial metric that indicates the profitability of a company by measuring the percentage of net income generated from total revenue. Looking at the historical data for Lumentum Holdings Inc, the trend in net profit margin fluctuates over time, indicating varying levels of profitability.
The net profit margin for Lumentum Holdings Inc has shown both positive and negative values over the periods analyzed. The company experienced a decline in profitability from the end of 2023 through the first half of 2024, with net profit margins ranging from -25.46% to -20.11%. This decrease in profitability may raise concerns about the company's ability to generate earnings relative to its revenue during this period.
However, prior to this decline, Lumentum Holdings Inc had shown improving profitability trends. From the end of 2021 through mid-2023, the company's net profit margins increased steadily from -2.20% to 12.09%, reaching a peak of 24.53%. This upward trend indicated that the company was becoming more efficient in converting its revenue into profits.
Overall, the analysis of Lumentum Holdings Inc's net profit margin suggests a mixed performance in terms of profitability over the periods examined. It is important for investors and stakeholders to closely monitor the company's financial performance and management strategies to assess its future profitability potential.
Peer comparison
Jun 30, 2024