Lattice Semiconductor Corporation (LSCC)

Net 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
Net income (ttm)	US$ in thousands	259,061	212,268	204,839	198,727	178,882	155,501	135,881	118,088	100,823	88,280	74,148	58,038	47,392	45,390	46,322	44,252	43,493	22,385	15,820	-12,962
Revenue (ttm)	US$ in thousands	739,750	742,381	720,500	701,474	666,971	633,429	593,440	547,401	512,592	477,839	448,836	423,177	404,418	398,270	397,467	394,481	391,430	387,170	387,207	393,364
Net profit margin		35.02%	28.59%	28.43%	28.33%	26.82%	24.55%	22.90%	21.57%	19.67%	18.47%	16.52%	13.71%	11.72%	11.40%	11.65%	11.22%	11.11%	5.78%	4.09%	-3.30%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $259,061K ÷ $739,750K
= 35.02%

The net profit margin of Lattice Semiconductor Corporation has shown a generally positive trend over the past two years, increasing from 11.11% in December 2019 to 35.02% in December 2023. This indicates that the company has been able to effectively control its expenses and generate higher profits relative to its revenue over this period. The consistent growth in net profit margin is a positive sign of the company's improving profitability and operational efficiency. Investors typically view a rising net profit margin favorably as it suggests that the company is effectively managing its costs and maximizing its earnings.