Net Profit Margin
since 2005
Calculation
Monolithic Power Systems Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 80.95% | = | 100 | × | 1,786,700) | ÷ | 2,207,100) |
| Dec 31, 2023 | 23.47% | = | 100 | × | 427,374) | ÷ | 1,821,072) |
| Dec 31, 2022 | 24.39% | = | 100 | × | 437,672) | ÷ | 1,794,148) |
| Dec 31, 2021 | 20.04% | = | 100 | × | 242,023) | ÷ | 1,207,798) |
| Dec 31, 2020 | 19.47% | = | 100 | × | 164,375) | ÷ | 844,452) |
| Dec 31, 2019 | 17.33% | = | 100 | × | 108,839) | ÷ | 627,921) |
| Dec 31, 2018 | 18.08% | = | 100 | × | 105,268) | ÷ | 582,382) |
| Dec 31, 2017 | 13.85% | = | 100 | × | 65,203) | ÷ | 470,929) |
| Dec 31, 2016 | 13.56% | = | 100 | × | 52,720) | ÷ | 388,665) |
| Dec 31, 2015 | 10.56% | = | 100 | × | 35,172) | ÷ | 333,067) |
| Dec 31, 2014 | 12.56% | = | 100 | × | 35,495) | ÷ | 282,535) |
| Dec 31, 2013 | 9.62% | = | 100 | × | 22,898) | ÷ | 238,091) |
| Dec 31, 2012 | 7.37% | = | 100 | × | 15,756) | ÷ | 213,813) |
| Dec 31, 2011 | 6.77% | = | 100 | × | 13,301) | ÷ | 196,519) |
| Dec 31, 2010 | 13.51% | = | 100 | × | 29,563) | ÷ | 218,840) |
| Dec 31, 2009 | 11.92% | = | 100 | × | 19,674) | ÷ | 165,008) |
| Dec 31, 2008 | 15.09% | = | 100 | × | 24,226) | ÷ | 160,511) |
| Dec 31, 2007 | 8.64% | = | 100 | × | 11,580) | ÷ | 134,004) |
| Dec 31, 2006 | -2.73% | = | 100 | × | (2,863) | ÷ | 105,015) |
| Dec 31, 2005 | 5.15% | = | 100 | × | 5,107) | ÷ | 99,131) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
The financial data over the presented periods reflects distinct trends in profitability, revenue generation, and net profit margin. The net income figures show considerable volatility in earlier years, including a loss in 2006, followed by a general upward trajectory from 2007 onwards. While some fluctuations are present, the most notable growth occurs from 2017 to 2024, where net income increases substantially, reaching a peak in 2024 that is more than tenfold the amount recorded in 2023.
Revenue demonstrates a consistent upward trend throughout the entire period. Starting from slightly below 100 million US dollars in 2005, it rises steadily every year, with significant acceleration after 2014. By 2024, revenue exceeds 2.2 billion US dollars, indicating strong business expansion and sales growth over the long term.
The net profit margin, expressed as a percentage, mirrors the improvement seen in net income but with some variability. Initially low and even negative in 2006, this margin progressively improves, reaching double-digit percentages by 2009 and then commonly staying above 10% for most subsequent years. From 2017 onward, the margin increases gradually and peaks extraordinarily in 2024 at over 80%, an unusually high figure that suggests a one-off event or a significant change in cost structure or extraordinary income.
- Net Income Trend
- Initial fluctuation with negative and moderate positive values, followed by a steady increase particularly notable from 2017 onward, culminating in a large spike in 2024.
- Revenue Growth
- Consistent growth each year with a marked increase after 2014, reaching over 2 billion US dollars by 2024, indicative of expanding operations and market presence.
- Net Profit Margin Evolution
- Varied from negative to positive territory early on, stabilizing above 10% for most years, with a pronounced rise starting around 2017 and an exceptional peak in 2024, signaling significant improvement in profitability or exceptional items affecting earnings.
Overall, the data reflects a company that has successfully expanded its revenue base substantially over the years while improving profitability margins and net income, especially in the last decade. The sharp increase in both net income and net profit margin in the final reported year suggests notable extraordinary gains or operational efficiencies that should be examined further for sustainability and underlying causes.
Comparison to Competitors
Monolithic Power Systems Inc., net profit margin, long-term trends, comparison to competitors
| Monolithic Power Systems Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 80.95% | 6.36% | 17.35% | 26.41% | 11.43% | -35.32% | 28.15% | 25.68% | 3.10% | 48.85% | 26.03% | 30.68% |
| Dec 31, 2023 | 23.47% | 3.77% | 26.94% | 25.86% | 39.31% | 3.11% | 32.27% | 25.88% | -37.54% | 16.19% | 20.19% | 37.16% |
| Dec 31, 2022 | 24.39% | 5.59% | 22.88% | 25.31% | 34.62% | 12.71% | 36.06% | 26.73% | 28.24% | 36.23% | 29.27% | 43.68% |
| Dec 31, 2021 | 20.04% | 19.24% | 19.00% | 25.53% | 24.54% | 25.14% | 30.04% | 26.72% | 21.16% | 25.98% | 26.94% | 42.35% |
| Dec 31, 2020 | 19.47% | 25.50% | 21.79% | 21.04% | 12.39% | 26.84% | 20.96% | 22.42% | 12.54% | 25.61% | 22.09% | 38.69% |
| Dec 31, 2019 | 17.33% | 5.07% | 22.75% | 18.52% | 12.05% | 29.25% | 25.73% | 22.70% | 26.97% | 35.34% | 18.07% | 34.88% |
| Dec 31, 2018 | 18.08% | 5.20% | 24.12% | 19.20% | 58.80% | 29.72% | 19.87% | 21.49% | 46.51% | 31.37% | -21.40% | 35.35% |
| Dec 31, 2017 | 13.85% | 0.81% | 14.24% | 23.62% | 9.59% | 15.30% | 26.61% | 21.19% | 25.04% | 24.11% | 11.06% | 24.61% |
| Dec 31, 2016 | 13.56% | -11.63% | 25.18% | 15.90% | -13.13% | 17.37% | 23.60% | 15.53% | -2.23% | 12.26% | 24.22% | 26.89% |
| Dec 31, 2015 | 10.56% | -16.54% | 20.29% | 14.26% | 19.99% | 20.63% | 13.01% | 12.47% | 17.90% | 13.47% | 20.85% | 22.97% |
| Dec 31, 2014 | 12.56% | -7.32% | 21.97% | 11.82% | 6.16% | 20.95% | 19.89% | 13.72% | 18.61% | 10.65% | 30.08% | 21.63% |
| Dec 31, 2013 | 9.62% | -1.57% | 25.57% | 3.41% | 21.90% | 18.25% | 19.11% | 3.16% | 13.12% | 13.14% | 27.56% | 17.71% |
| Dec 31, 2012 | 7.37% | -21.82% | 24.11% | 1.25% | 23.82% | 20.63% | 23.83% | 6.33% | -12.53% | 14.53% | 31.95% | 13.72% |
| Dec 31, 2011 | 6.77% | 7.48% | 28.98% | 18.31% | 23.63% | 23.97% | 25.02% | 22.35% | 1.90% | 7.14% | 28.48% | 16.28% |
| Dec 31, 2010 | 13.51% | 7.25% | 25.79% | 9.82% | 19.83% | 26.28% | 11.66% | 16.25% | 21.81% | -2.04% | 29.54% | 23.11% |
| Dec 31, 2009 | 11.92% | 5.63% | 12.30% | -6.09% | -2.96% | 12.44% | -34.43% | -27.08% | -38.21% | -0.88% | 15.28% | 14.10% |
| Dec 31, 2008 | 15.09% | -53.34% | 30.44% | 11.82% | — | 14.08% | 14.24% | 17.75% | -27.72% | 19.46% | 28.36% | 15.36% |
| Dec 31, 2007 | 8.64% | -56.19% | 19.52% | 17.57% | — | 18.20% | 19.34% | 26.72% | -5.63% | 14.63% | 37.23% | 19.20% |
| Dec 31, 2006 | -2.73% | -2.94% | 21.35% | 16.54% | — | 14.26% | 18.37% | 20.45% | 7.74% | 12.74% | 32.82% | 30.45% |
| Dec 31, 2005 | 5.15% | 2.83% | 17.36% | 17.30% | — | 22.31% | 22.38% | 19.92% | 3.85% | 4.99% | 37.78% | 17.35% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Monolithic Power Systems Inc., net profit margin, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Monolithic Power Systems Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 31, 2024 | 80.95% | 14.94% |
| Dec 31, 2023 | 23.47% | 17.06% |
| Dec 31, 2022 | 24.39% | 25.54% |
| Dec 31, 2021 | 20.04% | 25.83% |
| Dec 31, 2020 | 19.47% | 23.10% |
| Dec 31, 2019 | 17.33% | 24.49% |
| Dec 31, 2018 | 18.08% | 27.65% |
| Dec 31, 2017 | 13.85% | 17.11% |
| Dec 31, 2016 | 13.56% | 14.20% |
| Dec 31, 2015 | 10.56% | 18.44% |
| Dec 31, 2014 | 12.56% | 19.81% |
| Dec 31, 2013 | 9.62% | 17.60% |
| Dec 31, 2012 | 7.37% | 15.90% |
| Dec 31, 2011 | 6.77% | 20.36% |
| Dec 31, 2010 | 13.51% | 21.68% |
| Dec 31, 2009 | 11.92% | 6.12% |
| Dec 31, 2008 | 15.09% | 9.71% |
| Dec 31, 2007 | 8.64% | 14.03% |
| Dec 31, 2006 | -2.73% | 17.67% |
| Dec 31, 2005 | 5.15% | 19.11% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Monolithic Power Systems Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Monolithic Power Systems Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2024 | 80.95% | 20.61% |
| Dec 31, 2023 | 23.47% | 20.36% |
| Dec 31, 2022 | 24.39% | 22.42% |
| Dec 31, 2021 | 20.04% | 23.60% |
| Dec 31, 2020 | 19.47% | 19.65% |
| Dec 31, 2019 | 17.33% | 19.84% |
| Dec 31, 2018 | 18.08% | 18.57% |
| Dec 31, 2017 | 13.85% | 17.85% |
| Dec 31, 2016 | 13.56% | 17.79% |
| Dec 31, 2015 | 10.56% | 18.37% |
| Dec 31, 2014 | 12.56% | 19.38% |
| Dec 31, 2013 | 9.62% | 20.20% |
| Dec 31, 2012 | 7.37% | 20.07% |
| Dec 31, 2011 | 6.77% | 20.67% |
| Dec 31, 2010 | 13.51% | 20.23% |
| Dec 31, 2009 | 11.92% | 14.52% |
| Dec 31, 2008 | 15.09% | 15.20% |
| Dec 31, 2007 | 8.64% | 15.81% |
| Dec 31, 2006 | -2.73% | 16.23% |
| Dec 31, 2005 | 5.15% | 16.66% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).