Smart Global Holdings Inc (SGH)
Operating profit margin
| Mar 1, 2024 | Dec 1, 2023 | Aug 25, 2023 | May 26, 2023 | Feb 24, 2023 | Nov 25, 2022 | Aug 26, 2022 | May 27, 2022 | Feb 25, 2022 | Nov 26, 2021 | Aug 27, 2021 | May 28, 2021 | Feb 26, 2021 | Nov 27, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -6,032 | -4,797 | 8,745 | 33,444 | 62,034 | 65,664 | 67,176 | 4,953 | -18,357 | -6,970 | -15,705 | 33,522 | 38,784 | 31,725 | 35,533 | 32,868 | 47,163 | 89,081 | 122,630 | 163,925 |
| Revenue (ttm) | US$ in thousands | 1,233,638 | 1,360,769 | 1,552,734 | 1,598,535 | 1,700,746 | 1,758,024 | 1,764,196 | 1,888,093 | 1,862,989 | 1,718,489 | 1,559,283 | 1,371,659 | 1,193,744 | 1,160,383 | 1,134,618 | 1,092,825 | 1,123,015 | 1,259,316 | 1,354,886 | 1,462,059 |
| Operating profit margin | -0.49% | -0.35% | 0.56% | 2.09% | 3.65% | 3.74% | 3.81% | 0.26% | -0.99% | -0.41% | -1.01% | 2.44% | 3.25% | 2.73% | 3.13% | 3.01% | 4.20% | 7.07% | 9.05% | 11.21% |
March 1, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-6,032K ÷ $1,233,638K
= -0.49%
Smart Global Holdings Inc's operating profit margin has shown some variability over the past few years. On average, the company has maintained a positive operating profit margin, indicating that it is generally able to generate profits from its core business operations. However, there have been periods where the operating profit margin has been negative, suggesting that the company may have experienced challenges in controlling costs or maintaining revenue levels.
The trend in the operating profit margin appears to have fluctuated, with some quarters showing higher margins around 3-4%, while others have dipped below 0%. The highest operating profit margins were observed in the earlier periods, ranging from 7% to over 11%, indicating potentially stronger performance during those times.
The recent negative operating profit margins may suggest that Smart Global Holdings Inc is facing some operational difficulties or inefficiencies that are impacting its profitability. It would be important for the company to closely monitor and address these issues to improve its overall financial performance in the future.
Peer comparison
Mar 1, 2024