Plexus Corp (PLXS)

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	183,637	195,820	204,801	226,158	205,053	178,185	158,213	145,025	159,875	176,268	184,302	193,782	160,304	153,372	140,523	129,073	145,038	142,055	141,493	139,536
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
Operating profit margin		2.56%	2.64%	2.69%	3.00%	2.48%	2.31%	2.21%	2.12%	2.35%	2.58%	2.65%	3.14%	3.11%	3.55%	4.27%	3.18%	2.96%	2.53%	2.54%	2.99%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $183,637K ÷ $7,183,180K
= 2.56%

The operating profit margin of Plexus Corp has shown fluctuations over the past few quarters. The trend indicates that the company's ability to generate profits from its core operations has varied, with margins ranging from 2.12% to 4.27%.

The operating profit margin was relatively stable in the earlier quarters of the presented data but experienced a notable increase in the first quarter of 2021, reaching 3.14%. However, this peak was followed by a decline in subsequent quarters before showing some recovery in the most recent period.

Overall, Plexus Corp's operating profit margin appears to be modest, hovering around the range of 2.12% to 4.27%, suggesting that the company may be facing challenges in optimizing its operational efficiency and cost management. It would be advisable for the company to closely monitor its cost structures and revenue generation strategies to improve its profitability in the future.