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 | ||
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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