Vicor Corporation (VICR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 6,129 | 53,595 | 25,446 | 56,625 | 17,910 |
| Revenue | US$ in thousands | 370,896 | 413,907 | 400,531 | 719,112 | 594,138 |
| Net profit margin | 1.65% | 12.95% | 6.35% | 7.87% | 3.01% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $6,129K ÷ $370,896K
= 1.65%
As of December 31, 2020, Vicor Corporation's net profit margin was 3.01%. Over the next few years, the company experienced fluctuations in its net profit margin, reaching 7.87% by December 31, 2021, followed by a decrease to 6.35% by December 31, 2022.
However, by December 31, 2023, the net profit margin significantly improved to 12.95%, indicating a more profitable period for the company. The trend then reversed in the following year, with the net profit margin dropping to 1.65% by December 31, 2024.
The fluctuations in the net profit margin suggest variability in Vicor Corporation's profitability performance during the analyzed period. It is essential for the company to closely monitor and manage its expenses, revenues, and overall financial performance to ensure sustained profitability and value creation for its stakeholders.
Peer comparison
Dec 31, 2024