Lumentum Holdings Inc (LITE)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -434,000 | -115,700 | 303,300 | 527,000 | 204,100 |
| Revenue | US$ in thousands | 2,717,800 | 1,732,500 | 1,644,500 | 1,674,700 | 1,603,300 |
| Operating profit margin | -15.97% | -6.68% | 18.44% | 31.47% | 12.73% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-434,000K ÷ $2,717,800K
= -15.97%
Lumentum Holdings Inc's operating profit margin has demonstrated fluctuation over the past five years. The margin decreased significantly from 31.47% in 2021 to 18.44% in 2022, followed by a further decline to -6.68% in 2023. By June 30, 2024, the operating profit margin deteriorated substantially to -15.97%. This downward trend raises concerns about the company's efficiency in generating profits from its core business operations. Further analysis is recommended to understand the underlying factors contributing to this decline and to devise strategies to improve operational performance and profitability.
Peer comparison
Jun 30, 2024