Smart Global Holdings Inc (SGH)
Operating profit margin
| Aug 25, 2023 | Aug 26, 2022 | Aug 27, 2021 | Aug 28, 2020 | Aug 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 8,745 | 67,176 | -15,706 | 41,330 | 89,081 |
| Revenue | US$ in thousands | 1,388,900 | 1,792,800 | 1,559,310 | 1,162,720 | 1,305,460 |
| Operating profit margin | 0.63% | 3.75% | -1.01% | 3.55% | 6.82% |
August 25, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $8,745K ÷ $1,388,900K
= 0.63%
The operating profit margin of SMART Global Holdings Inc has fluctuated over the past five years. In 2019, the operating profit margin stood at 7.13%, but it decreased to 3.99% in 2020 before slightly recovering to 5.97% in 2021. The highest operating profit margin was observed in 2022 at 8.57%. However, there was a notable decline to 3.94% in 2023. This fluctuation may indicate varying levels of efficiency in managing operating expenses and generating operating profits. It is essential for the company to closely monitor and manage its operational costs to ensure sustained profitability.
Peer comparison
Aug 25, 2023