Lumentum Holdings Inc (LITE)

Operating 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
Operating income (ttm) US$ in thousands -434,000 -356,500 -293,300 -210,000 -115,700 -4,400 93,800 200,900 303,300 293,700 513,800 543,900 527,000 508,200 283,800 243,300 204,100 163,300 44,400 -18,900
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
Operating profit margin -15.97% -25.63% -20.83% -13.56% -6.65% -0.25% 5.29% 11.77% 18.43% 18.16% 31.23% 32.40% 31.41% 30.71% 17.31% 15.05% 12.62% 9.78% 2.59% -1.15%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-434,000K ÷ $2,717,600K
= -15.97%

Lumentum Holdings Inc's operating profit margin has exhibited fluctuations over the periods provided. The company experienced negative operating profit margins in recent quarters, with the lowest margin recorded at -25.63% in March 2024. However, there was a recovery in the most recent quarter, with the operating profit margin improving to -15.97%.

Historically, Lumentum's operating profit margin has shown variability but generally demonstrated a positive trend, with notable peaks in profitability observed in the past. The highest operating profit margin was recorded in December 2021 at 31.23%. It's important to note that a higher operating profit margin indicates better operational efficiency and profitability.

Overall, the analysis suggests that Lumentum Holdings Inc has shown resilience in its profitability, with fluctuations in operating profit margins reflecting both operational challenges and improvements over the periods analyzed. Continued monitoring of the company's operating profit margin will be essential to evaluate its financial performance and operational effectiveness.


Peer comparison

Jun 30, 2024

Company name
Symbol
Operating profit margin
Lumentum Holdings Inc
LITE
-15.97%
ESCO Technologies Inc
ESE
11.51%
Iridium Communications Inc
IRDM
10.32%