Ultra Clean Holdings Inc (UCTT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 23,700 | -31,100 | 40,400 | 119,500 | 77,600 |
| Revenue | US$ in thousands | 2,097,600 | 1,734,500 | 2,374,300 | 2,101,600 | 1,398,600 |
| Net profit margin | 1.13% | -1.79% | 1.70% | 5.69% | 5.55% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $23,700K ÷ $2,097,600K
= 1.13%
Ultra Clean Holdings Inc's net profit margin has fluctuated over the years based on the provided data. In December 31, 2020, the net profit margin was 5.55%, which increased slightly to 5.69% by December 31, 2021. However, there was a significant drop in the net profit margin to 1.70% by December 31, 2022, indicating a potential decrease in profitability.
The trend continued with the net profit margin declining further to -1.79% by December 31, 2023, which suggests that the company may have experienced losses exceeding its net income. Despite this, there was a slight improvement in the net profit margin to 1.13% by December 31, 2024.
Overall, the fluctuation in Ultra Clean Holdings Inc's net profit margin indicates variability in the company's ability to generate profits relative to its revenue. This may warrant further analysis to understand the factors contributing to these fluctuations and develop strategies to stabilize and improve profitability in the future.
Peer comparison
Dec 31, 2024