Plexus Corp (PLXS)

Net profit margin

		Sep 30, 2024	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
Net income (ttm)	US$ in thousands	111,815	110,855	101,514	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
Revenue (ttm)	US$ in thousands	8,027,970	7,967,250	8,076,800	8,280,050	8,504,910	8,708,450	8,637,650	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
Net profit margin		1.39%	1.39%	1.26%	1.52%	1.64%	1.71%	1.98%	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%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $111,815K ÷ $8,027,970K
= 1.39%

Plexus Corp's net profit margin has shown some fluctuations over the past several quarters. The net profit margin is a key ratio that indicates the company's profitability by showing the percentage of revenue that translates into net income after all expenses have been deducted.

Analyzing the data provided, we observe that Plexus Corp's net profit margin has been somewhat volatile, ranging from a low of 1.26% to a high of 3.55% over the last 20 quarters. The trend shows a general decrease from 3.55% in Q4 2019 to 1.39% in Q3 2024. This downward trend suggests that the company may be facing challenges in controlling costs or generating higher revenues.

It is crucial for Plexus Corp to closely monitor and manage its expenses, as well as explore strategies to improve revenue generation in order to enhance its net profit margin. Additionally, further investigation into the specific factors driving the fluctuations in the net profit margin would be necessary to develop appropriate strategies for improving overall profitability.