Plexus Corp (PLXS)

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	126,119	139,094	149,290	170,985	157,010	138,243	121,127	111,242	126,136	138,912	143,276	151,509	122,672	117,479	116,605	105,564	117,396	108,616	144,527	146,227
Revenue (ttm)	US$ in thousands	7,183,180	7,408,040	7,611,580	7,540,780	8,274,130	7,722,450	7,163,770	6,826,830	6,806,620	6,834,190	6,966,280	6,170,144	5,153,548	4,322,097	3,287,362	4,058,528	4,895,824	5,610,985	5,571,968	4,666,883
Net profit margin		1.76%	1.88%	1.96%	2.27%	1.90%	1.79%	1.69%	1.63%	1.85%	2.03%	2.06%	2.46%	2.38%	2.72%	3.55%	2.60%	2.40%	1.94%	2.59%	3.13%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $126,119K ÷ $7,183,180K
= 1.76%

Plexus Corp's net profit margin has shown some fluctuations over the past five years. The margin has generally been in the range of 1.60% to 3.55%, with the highest point recorded in June 2020 at 3.55% and the lowest point in March 2019 at 1.63%.

In recent quarters, the trend has been somewhat inconsistent, with the margin ranging from 1.76% to 2.27%. While there was a modest increase in the net profit margin in the most recent quarter (December 2023), it is still lower compared to the margin observed in the same quarter of the previous year (December 2022).

Overall, the net profit margin of Plexus Corp indicates the company's ability to control its expenses and generate profit from its operations, albeit with some variability in performance over time.