Advanced Energy Industries Inc (AEIS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 529,343 | 592,398 | 675,506 | 532,322 | 541,869 |
| Revenue | US$ in thousands | 1,482,040 | 1,655,810 | 1,845,420 | 1,455,950 | 1,415,830 |
| Gross profit margin | 35.72% | 35.78% | 36.60% | 36.56% | 38.27% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $529,343K ÷ $1,482,040K
= 35.72%
Based on the provided data, the gross profit margin of Advanced Energy Industries Inc has shown a slight decline over the five-year period from 2020 to 2024. In 2020, the gross profit margin stood at 38.27%, decreasing to 36.56% by the end of 2021. The trend continued as the margin further decreased to 36.60% in 2022, 35.78% in 2023, and finally, 35.72% by the end of 2024.
This decline in gross profit margin could be indicative of various factors such as increased cost of goods sold, pricing pressures, or inefficiencies in production processes. It is essential for the company to closely monitor and address the underlying reasons for this trend to ensure sustainable profitability and competitive positioning in the market.
Peer comparison
Dec 31, 2024