Vishay Intertechnology Inc (VSH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 486,144 | 615,486 | 467,802 | 209,710 | 262,430 |
| Revenue | US$ in thousands | 3,402,040 | 3,497,400 | 3,240,490 | 2,501,900 | 2,668,300 |
| Operating profit margin | 14.29% | 17.60% | 14.44% | 8.38% | 9.84% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $486,144K ÷ $3,402,040K
= 14.29%
Operating profit margin is a key financial metric used to measure a company's efficiency in generating profits from its core operations. The operating profit margin of Vishay Intertechnology, Inc. has fluctuated over the past five years, as evidenced by the following data:
- In 2023, the operating profit margin decreased to 14.29% from 17.60% in 2022.
- In 2022, there was a significant increase in the operating profit margin to 17.60% from 14.44% in 2021.
- In 2021, the operating profit margin was marginally higher at 14.44% compared to 8.41% in 2020.
- In 2020, there was a notable improvement in the operating profit margin, rising to 8.41% from 10.74% in 2019.
- In 2019, the operating profit margin stood at 10.74%.
Overall, the operating profit margin of Vishay Intertechnology, Inc. has shown variability over the years. The decreasing trend seen from 2022 to 2023 may raise concerns about the company's ability to effectively control costs and expenses relative to its revenue generation. Further analysis and investigation into the factors influencing these fluctuations would be necessary to gain a deeper understanding of the company's operational performance and profitability.
Peer comparison
Dec 31, 2023