Amkor Technology Inc (AMKR)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 933,212 | 943,153 | 1,329,990 | 1,225,550 | 900,814 |
Revenue | US$ in thousands | 6,317,690 | 6,503,060 | 7,091,580 | 6,138,330 | 5,050,590 |
Gross profit margin | 14.77% | 14.50% | 18.75% | 19.97% | 17.84% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $933,212K ÷ $6,317,690K
= 14.77%
Based on the provided data, the gross profit margin of Amkor Technology Inc has been fluctuating over the past five years. The gross profit margin was 17.84% in December 31, 2020, increased to 19.97% by December 31, 2021, and then declined to 18.75% by December 31, 2022. However, there was a significant decrease in the gross profit margin to 14.50% by December 31, 2023, followed by a slight increase to 14.77% by December 31, 2024.
The decrease in the gross profit margin from 2022 to 2023 and the subsequent modest increase in 2024 may indicate potential challenges in managing production costs or pricing strategies. It is important for the company to closely monitor its cost structure and pricing decisions to ensure sustainable profitability. Further analysis of the underlying factors affecting the gross profit margin fluctuations, such as changes in revenue mix, cost of goods sold, or pricing dynamics, would provide a more comprehensive understanding of Amkor Technology Inc's financial performance.
Peer comparison
Dec 31, 2024