Amphenol Corporation (APH)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,139,700 | 4,084,100 | 4,028,200 | 3,401,800 | 2,664,100 |
| Revenue | US$ in thousands | 15,222,700 | 12,554,700 | 12,623,000 | 10,876,300 | 8,598,900 |
| Gross profit margin | 33.76% | 32.53% | 31.91% | 31.28% | 30.98% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,139,700K ÷ $15,222,700K
= 33.76%
The gross profit margin of Amphenol Corporation has shown a consistent upward trend over the years, increasing from 30.98% as of December 31, 2020, to 33.76% as of December 31, 2024. This trend indicates that the company has been effectively managing its production costs and pricing strategies, resulting in a higher percentage of revenue retained after accounting for the cost of goods sold. A rising gross profit margin is generally a positive indicator of operational efficiency and profitability, suggesting that Amphenol Corporation has been able to improve its profitability over the analyzed period.