Ultra Clean Holdings Inc (UCTT)

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	-31,100	600	24,800	9,100	40,400	58,000	80,200	122,400	119,500	96,500	89,000	93,200	77,600	44,800	20,900	-600	-9,400	-200	-6,700	12,500
Revenue (ttm)	US$ in thousands	1,734,500	1,856,200	2,056,200	2,243,400	2,374,200	2,422,900	2,341,600	2,248,100	2,101,600	1,856,100	1,665,700	1,495,300	1,398,600	1,315,400	1,206,400	1,127,000	1,066,200	1,037,200	1,017,000	1,041,800
Net profit margin		-1.79%	0.03%	1.21%	0.41%	1.70%	2.39%	3.43%	5.44%	5.69%	5.20%	5.34%	6.23%	5.55%	3.41%	1.73%	-0.05%	-0.88%	-0.02%	-0.66%	1.20%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-31,100K ÷ $1,734,500K
= -1.79%

Ultra Clean Holdings Inc's net profit margin has shown fluctuations over the last few quarters. The company experienced a negative net profit margin of -1.79% at the end of December 2023, indicating that for every dollar of revenue generated, the company incurred a loss of 1.79 cents. This contrasts with the positive net profit margins observed in the prior quarters, with the highest net profit margin of 6.23% recorded in March 2021.

The trend in net profit margin suggests that the company's profitability has been somewhat volatile, with fluctuations in expenses and revenues impacting the bottom line. It is important for investors and stakeholders to closely monitor the factors influencing the net profit margin to assess the company's financial health and performance over time.