Vicor Corporation (VICR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,310 | -3,166 | 7,152 | 24,801 | 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 |
| Revenue (ttm) | US$ in thousands | 370,897 | 364,507 | 379,099 | 399,963 | 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 |
| Operating profit margin | -0.35% | -0.87% | 1.89% | 6.20% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,310K ÷ $370,897K
= -0.35%
The operating profit margin of Vicor Corporation has shown significant fluctuations over the period analyzed. It started at a relatively low level of around 2-3% in the first half of 2020, gradually increased to over 10% by March 2021, and peaked at around 16.5% in September 2021. However, the margin experienced a decline in the subsequent quarters, dropping to 3.76% by September 2022.
There was a partial recovery in the following periods, with the operating profit margin reaching over 12% by December 2023. However, it then declined again, dropping to negative figures in the last two quarters of 2024. This negative trend in operating profit margin in the latter part of 2024 may indicate challenges or inefficiencies in the company's operations that are impacting its profitability.
Overall, the analysis suggests that Vicor Corporation has experienced fluctuations in its operating profit margin over the period, potentially indicating variability in its operational efficiency and profitability.
Peer comparison
Dec 31, 2024