Teradyne Inc (TER)

Net 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
Net income (ttm)	US$ in thousands	448,751	503,998	559,367	637,104	715,501	767,240	840,473	971,005	1,014,589	986,879	952,879	813,468	784,147	712,892	626,034	534,523	467,470	486,185	470,303	473,943
Revenue (ttm)	US$ in thousands	2,676,297	2,737,534	2,860,875	3,017,204	3,155,045	3,308,255	3,431,683	3,676,647	3,702,883	3,576,806	3,445,789	3,198,720	3,121,469	3,017,150	2,779,704	2,505,221	2,294,965	2,159,873	2,144,683	2,107,434
Net profit margin		16.77%	18.41%	19.55%	21.12%	22.68%	23.19%	24.49%	26.41%	27.40%	27.59%	27.65%	25.43%	25.12%	23.63%	22.52%	21.34%	20.37%	22.51%	21.93%	22.49%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $448,751K ÷ $2,676,297K
= 16.77%

The net profit margin of Teradyne, Inc. has shown a general declining trend over the past eight quarters. The company's net profit margin decreased from 26.41% in Q1 2022 to 16.77% in Q4 2023, indicating a gradual erosion in profitability.

This declining trend suggests that the company may be facing challenges in managing its costs and expenses relative to its revenue generation. It could also indicate the presence of competitive pressures or other external factors impacting the company's bottom line.

Investors and stakeholders may want to further investigate the factors contributing to this downward trend in net profit margin to assess the company's overall financial health and sustainability in the long term. Additional analysis of Teradyne's operating expenses, revenue streams, and overall financial performance may provide deeper insights into the reasons behind the declining profitability.