Advanced Energy Industries Inc (AEIS)

Gross 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
Gross profit (ttm) US$ in thousands 592,398 627,346 671,223 686,301 675,506 637,439 566,260 539,135 532,322 538,124 571,870 567,141 541,869 508,615 428,321 362,143 315,652 278,545 290,593 327,702
Revenue (ttm) US$ in thousands 1,639,083 1,729,945 1,837,914 1,864,718 1,838,443 1,745,464 1,576,116 1,496,837 1,451,137 1,425,066 1,468,727 1,447,130 1,409,954 1,378,932 1,164,898 961,575 789,424 605,317 603,631 664,251
Gross profit margin 36.14% 36.26% 36.52% 36.80% 36.74% 36.52% 35.93% 36.02% 36.68% 37.76% 38.94% 39.19% 38.43% 36.88% 36.77% 37.66% 39.99% 46.02% 48.14% 49.33%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $592,398K ÷ $1,639,083K
= 36.14%

The gross profit margin of Advanced Energy Industries Inc. has shown a slight fluctuation over the past eight quarters, ranging from 35.78% to 36.64%. The company has maintained a relatively stable gross profit margin within this range, reflecting consistent management of production costs and pricing strategies. In general, Advanced Energy Industries Inc. has demonstrated efficiency in generating profits from its sales after accounting for the cost of goods sold. However, the minor variations in the gross profit margin suggest that the company may be facing some challenges in controlling its production costs or pricing structures. Further analysis of the underlying factors contributing to these fluctuations would be necessary to provide a more in-depth assessment of the company's operational performance.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Advanced Energy Industries Inc
AEIS
36.14%
Impinj Inc
PI
51.47%
Vicor Corporation
VICR
49.51%