Autoliv Inc (ALV)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 1,927,000 | 1,821,000 | 1,396,000 | 1,511,000 | 1,246,900 |
Revenue | US$ in thousands | 10,390,000 | 10,475,000 | 8,842,000 | 8,230,000 | 7,447,400 |
Gross profit margin | 18.55% | 17.38% | 15.79% | 18.36% | 16.74% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,927,000K ÷ $10,390,000K
= 18.55%
Autoliv Inc's gross profit margin has exhibited some variability over the years. As of December 31, 2020, the gross profit margin stood at 16.74%, which increased to 18.36% by December 31, 2021. However, there was a slight decrease to 15.79% by December 31, 2022, followed by a rebound to 17.38% by December 31, 2023. The most recent data available as of December 31, 2024, shows a further improvement to 18.55%. Overall, the company's gross profit margin has shown a positive trend, reflecting its ability to effectively manage production costs and generate profits from its core operations.
Peer comparison
Dec 31, 2024