MKS Instruments Inc (MKSI)

Operating 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
Operating income (ttm)	US$ in thousands	-1,553,000	-1,414,000	-1,414,000	446,000	617,000	636,000	693,000	715,000	699,000	663,700	605,100	519,900	453,800	373,200	323,600	286,700	219,900	247,884	298,129	385,520
Revenue (ttm)	US$ in thousands	3,259,000	3,467,000	3,500,000	3,343,000	3,377,000	3,132,600	2,994,200	2,979,700	2,924,200	2,826,800	2,674,400	2,468,000	2,307,300	2,146,751	2,019,233	1,943,569	1,871,211	1,832,101	1,859,852	1,967,634
Operating profit margin		-47.65%	-40.78%	-40.40%	13.34%	18.27%	20.30%	23.14%	24.00%	23.90%	23.48%	22.63%	21.07%	19.67%	17.38%	16.03%	14.75%	11.75%	13.53%	16.03%	19.59%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,553,000K ÷ $3,259,000K
= -47.65%

The operating profit margin for MKS Instruments Inc has shown fluctuation over the past several quarters. The margin was negative in the most recent quarter, at -47.65%, indicating the company's operating expenses exceeded its operating income. Prior to this, the operating profit margin had been improving, reaching as high as 24.00% in March 2022. However, there was a significant decline in the margin in the December 2022 quarter, dropping to 18.27%.

Overall, the trend in the operating profit margin for MKS Instruments Inc has been somewhat volatile, with periods of improvement followed by declines. It is important for investors and analysts to closely monitor the company's operating efficiency and cost management strategies to determine its ability to generate profits from its core business activities.