Vishay Intertechnology Inc (VSH)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 323,820 | 345,136 | 419,668 | 437,018 | 428,810 | 392,545 | 349,304 | 330,108 | 297,970 | 299,014 | 235,678 | 167,139 | 122,923 | 99,318 | 95,872 | 115,696 | 163,936 | 252,393 | 300,231 | 358,851 |
| Revenue (ttm) | US$ in thousands | 3,402,045 | 3,472,107 | 3,543,252 | 3,514,654 | 3,497,401 | 3,485,175 | 3,374,040 | 3,329,648 | 3,240,487 | 3,064,595 | 2,891,092 | 2,653,689 | 2,501,898 | 2,444,295 | 2,432,464 | 2,535,987 | 2,668,305 | 2,834,620 | 2,987,263 | 3,063,053 |
| Net profit margin | 9.52% | 9.94% | 11.84% | 12.43% | 12.26% | 11.26% | 10.35% | 9.91% | 9.20% | 9.76% | 8.15% | 6.30% | 4.91% | 4.06% | 3.94% | 4.56% | 6.14% | 8.90% | 10.05% | 11.72% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $323,820K ÷ $3,402,045K
= 9.52%
Vishay Intertechnology, Inc.'s net profit margin has shown some variability over the past eight quarters. The net profit margin is a key indicator of a company's profitability, representing the percentage of revenue that translates into net income after all expenses have been deducted.
In Q1 2022, the net profit margin was at its lowest at 9.91%, gradually increasing to 12.43% in Q1 2023, reaching its peak over the period analyzed. This upward trend indicates an improvement in the company's efficiency in generating profits relative to its revenue.
However, there was a slight decline in the net profit margin from Q1 2023 to Q4 2023, dropping from 12.43% to 9.52%. This decrease may be a cause for concern as it suggests a potential reduction in profitability or cost management inefficiencies that need to be addressed.
Overall, while Vishay Intertechnology, Inc. has demonstrated a generally healthy net profit margin over the past eight quarters, the recent decline warrants further monitoring and analysis to understand the factors driving the profitability fluctuations.
Peer comparison
Dec 31, 2023