Amkor Technology Inc (AMKR)

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	943,153	998,318	1,136,793	1,199,078	1,329,987	1,358,081	1,261,685	1,285,350	1,225,554	1,141,687	1,057,940	977,440	900,814	845,297	786,452	717,586	649,439	608,825	627,292	673,555
Revenue (ttm)	US$ in thousands	6,476,360	6,620,110	6,878,700	6,921,260	7,049,700	6,831,600	6,438,740	6,347,180	6,085,850	5,784,730	5,457,750	5,224,120	5,050,590	4,858,010	4,587,910	4,310,305	4,052,649	3,955,459	4,015,729	4,186,104
Gross profit margin		14.56%	15.08%	16.53%	17.32%	18.87%	19.88%	19.60%	20.25%	20.14%	19.74%	19.38%	18.71%	17.84%	17.40%	17.14%	16.65%	16.03%	15.39%	15.62%	16.09%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $943,153K ÷ $6,476,360K
= 14.56%

Over the past eight quarters, AMKOR Technology Inc.'s gross profit margin has shown a declining trend. The margin decreased from 20.06% in Q1 2022 to 14.50% in Q4 2023. This indicates a potential reduction in the company's profitability and cost efficiency in generating revenues from sales after deducting the cost of goods sold. Management may need to focus on strategies to improve cost control, pricing, or operational efficiency to sustain or boost the gross profit margin in the future.