Vishay Intertechnology Inc (VSH)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 323,820 | 428,810 | 297,970 | 122,923 | 163,936 |
| Revenue | US$ in thousands | 3,402,040 | 3,497,400 | 3,240,490 | 2,501,900 | 2,668,300 |
| Net profit margin | 9.52% | 12.26% | 9.20% | 4.91% | 6.14% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $323,820K ÷ $3,402,040K
= 9.52%
The net profit margin of Vishay Intertechnology, Inc. has exhibited some fluctuations over the past five years. In 2023, the net profit margin decreased to 9.52% from 12.26% in 2022, indicating a decrease in profitability compared to the previous year. However, the net profit margin in 2023 remained higher than the margins reported in 2021 and 2020, which were 9.20% and 4.91%, respectively.
Overall, the trend in the net profit margin of Vishay Intertechnology, Inc. shows some variability, with the company experiencing both increases and decreases in profitability over the last five years. It is essential for stakeholders to further investigate the factors contributing to these fluctuations to gain a better understanding of the company's financial performance and profitability sustainability.
Peer comparison
Dec 31, 2023