Amphastar P (AMPH)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Gross profit (ttm)	US$ in thousands	373,855	383,347	389,809	367,381	351,121	326,149	276,256	266,874	248,860	233,926	226,599	210,619	199,739	180,337	165,662	151,463	143,340	139,889	138,633	137,843
Revenue (ttm)	US$ in thousands	731,967	723,549	712,891	676,209	644,395	601,313	540,886	518,641	498,987	484,851	476,920	455,116	437,768	412,802	384,035	368,178	349,846	337,308	334,014	327,255
Gross profit margin		51.08%	52.98%	54.68%	54.33%	54.49%	54.24%	51.07%	51.46%	49.87%	48.25%	47.51%	46.28%	45.63%	43.69%	43.14%	41.14%	40.97%	41.47%	41.51%	42.12%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $373,855K ÷ $731,967K
= 51.08%

The gross profit margin of Amphastar P has shown fluctuating trends over the period from March 31, 2020, to December 31, 2024. It started at 42.12% in March 2020 and gradually decreased to 40.97% by December 2020. From then on, there was a general upward trend, with occasional fluctuations, reaching a peak of 54.68% in June 2024, followed by a slight decline to 51.08% by December 2024.

Overall, the gross profit margin of Amphastar P improved significantly over the period under review, indicating better management of production costs and pricing strategies. The upward trend in the latter half of the period suggests improved efficiency in generating profits from sales, which can be a positive sign for investors and stakeholders. Additionally, the company managed to maintain relatively high gross profit margins, which is essential for sustainable profitability and long-term growth.