Ultra Clean Holdings Inc (UCTT)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	23,700	3,600	-8,600	-37,100	-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
Revenue (ttm)	US$ in thousands	2,097,500	1,978,900	1,873,500	1,778,900	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
Net profit margin		1.13%	0.18%	-0.46%	-2.09%	-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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $23,700K ÷ $2,097,500K
= 1.13%

Ultra Clean Holdings Inc's net profit margin has shown variability over the past several quarters. The margin fluctuated from a negative value of -2.09% in June 2024 to a positive value of 6.23% in March 2021. Despite some fluctuations, the margin generally remained positive, indicating that the company was able to generate profits relative to its revenue.

The highest net profit margin was recorded at 6.23% in March 2021, suggesting efficient cost management and strong revenue generation during that period. However, there was a decline in the margin to 0.03% in September 2023 and a subsequent sharp decrease to -1.79% by December 2023, indicating challenges in maintaining profitability.

In the most recent quarter, December 2024, the net profit margin improved to 1.13%, indicating a recovery from the negative margins recorded in the preceding quarters. It is essential for Ultra Clean Holdings Inc to monitor and address the factors influencing its net profit margin to sustain profitability and enhance financial performance in the future.