Vishay Intertechnology Inc (VSH)
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 | 486,144 | 543,622 | 611,594 | 627,801 | 615,486 | 601,823 | 542,242 | 516,791 | 467,802 | 406,169 | 344,138 | 259,566 | 209,710 | 173,876 | 163,414 | 202,103 | 262,430 | 357,919 | 444,989 | 488,793 |
| 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 |
| Operating profit margin | 14.29% | 15.66% | 17.26% | 17.86% | 17.60% | 17.27% | 16.07% | 15.52% | 14.44% | 13.25% | 11.90% | 9.78% | 8.38% | 7.11% | 6.72% | 7.97% | 9.84% | 12.63% | 14.90% | 15.96% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $486,144K ÷ $3,402,045K
= 14.29%
Vishay Intertechnology, Inc.'s operating profit margin has shown some fluctuation over the past eight quarters. The company's operating profit margin decreased from 17.60% in Q4 2022 to 14.29% in Q4 2023, indicating a decline in profitability. However, it's important to note that the operating profit margin has generally been above 15% over this period, reflecting a healthy level of profitability.
Despite the recent decrease, the company has demonstrated relatively consistent performance in maintaining its operating profit margin above 15% for most quarters. This suggests that Vishay Intertechnology, Inc. has been effectively managing its operating expenses in relation to its revenue generation.
Overall, while there has been some variability in Vishay Intertechnology, Inc.'s operating profit margin, the company has generally maintained a strong level of profitability over the past eight quarters. Further analysis of the company's financial and operational strategies may provide additional insights into the factors influencing these fluctuations.
Peer comparison
Dec 31, 2023