Power Integrations Inc (POWI)

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 35,059 57,002 87,661 135,122 180,412 203,824 201,045 185,919 175,058 158,481 127,630 95,579 70,487 226,403 229,160 225,995 217,022 41,422 41,949 47,808
Revenue (ttm) US$ in thousands 444,538 479,801 514,523 575,286 651,138 699,022 715,565 711,689 703,277 681,316 625,669 552,391 488,318 452,082 445,112 441,145 420,669 399,519 395,445 402,062
Operating profit margin 7.89% 11.88% 17.04% 23.49% 27.71% 29.16% 28.10% 26.12% 24.89% 23.26% 20.40% 17.30% 14.43% 50.08% 51.48% 51.23% 51.59% 10.37% 10.61% 11.89%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $35,059K ÷ $444,538K
= 7.89%

Power Integrations Inc.'s operating profit margin has been gradually decreasing over the past quarters. The operating profit margin was at its peak in Q4 2022 at 27.88% and has since declined to 7.89% in Q4 2023. This significant decrease indicates that the company's profitability in relation to its revenue has been decreasing steadily.

The trend suggests that the company may be facing challenges in controlling its operating expenses or generating sufficient revenue to maintain its historical profit margins. Investors and analysts may want to further investigate the factors contributing to this decline in operating profit margin to assess the company's financial health and sustainability.


Peer comparison

Dec 31, 2023