Amkor Technology Inc (AMKR)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 943,153 | 1,329,990 | 1,225,550 | 900,814 | 649,439 |
| Revenue | US$ in thousands | 6,476,360 | 7,049,700 | 6,085,840 | 4,981,050 | 4,052,650 |
| Gross profit margin | 14.56% | 18.87% | 20.14% | 18.08% | 16.03% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $943,153K ÷ $6,476,360K
= 14.56%
The gross profit margin of AMKOR Technology Inc. has shown some fluctuation over the past five years. In 2023, the gross profit margin decreased to 14.50% from 18.75% in 2022, showing a significant decline. This could indicate potential challenges in managing production costs or pricing strategies that impacted the company's ability to generate profits from its sales.
Compared to 2021, where the gross profit margin was 19.97%, the decline in 2023 indicates a trend of decreasing profitability. However, it's worth noting that the gross profit margin in 2020 and 2019 was lower at 17.84% and 16.03% respectively, suggesting that the company has experienced varying levels of profitability in recent years.
Overall, the downward trend in the gross profit margin over the past two years may raise concerns about the company's operational efficiency and competitiveness in the industry. Further analysis of the factors contributing to this decline is warranted to evaluate the company's ability to maintain profitability in the future.
Peer comparison
Dec 31, 2023