Vicor Corporation (VICR)

Operating 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
Operating income (ttm) US$ in thousands 51,358 52,128 39,428 32,863 27,201 27,983 36,951 45,662 55,602 58,306 52,437 34,461 17,368 6,658 6,607 6,955 13,821 19,940 26,931 32,866
Revenue (ttm) US$ in thousands 413,907 420,379 415,653 411,092 401,558 744,011 725,804 718,994 719,508 353,979 347,180 322,565 297,170 275,993 268,669 261,279 263,414 274,009 281,058 291,685
Operating profit margin 12.41% 12.40% 9.49% 7.99% 6.77% 3.76% 5.09% 6.35% 7.73% 16.47% 15.10% 10.68% 5.84% 2.41% 2.46% 2.66% 5.25% 7.28% 9.58% 11.27%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $51,358K ÷ $413,907K
= 12.41%

The operating profit margin for Vicor Corp. has shown fluctuations over the past eight quarters. The margin has ranged from a low of 8.44% in Q4 2022 to a high of 12.72% in Q1 2022, exhibiting variability in the company's ability to generate profits from its core business operations. The trend indicates a general increase in profitability from Q4 2022 to Q1 2023, followed by a slight decline in Q2 2023, and then a gradual incline in Q3 and Q4 2023. This suggests that Vicor Corp. has been able to effectively manage its operating expenses and increase its efficiency in generating profits, although it is important for the company to maintain or improve its profit margins to ensure sustainable growth and financial stability.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating profit margin
Vicor Corporation
VICR
12.41%
Advanced Energy Industries Inc
AEIS
6.94%
Impinj Inc
PI
-5.34%