Amphenol Corporation (APH)
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 | 4,084,000 | 4,021,100 | 4,032,600 | 4,045,100 | 4,028,300 | 3,932,000 | 3,761,900 | 3,600,900 | 3,401,800 | 3,226,200 | 3,071,200 | 2,831,800 | 2,664,100 | 2,577,200 | 2,504,200 | 2,548,000 | 2,616,000 | 2,652,300 | 2,678,600 | 2,675,800 |
| Revenue (ttm) | US$ in thousands | 12,554,600 | 12,466,300 | 12,562,300 | 12,645,200 | 12,623,100 | 12,410,700 | 11,934,000 | 11,451,100 | 10,876,300 | 10,275,500 | 9,780,400 | 9,114,000 | 8,598,900 | 8,323,900 | 8,101,100 | 8,128,900 | 8,225,400 | 8,299,100 | 8,327,500 | 8,293,600 |
| Gross profit margin | 32.53% | 32.26% | 32.10% | 31.99% | 31.91% | 31.68% | 31.52% | 31.45% | 31.28% | 31.40% | 31.40% | 31.07% | 30.98% | 30.96% | 30.91% | 31.34% | 31.80% | 31.96% | 32.17% | 32.26% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,084,000K ÷ $12,554,600K
= 32.53%
The gross profit margin of Amphenol Corp. has been relatively stable over the past eight quarters, ranging from 31.45% to 32.53%. This indicates that the company has been able to maintain a consistent level of profitability relative to its sales revenue during this period. The gradual increase in the gross profit margin from Q1 2022 to Q4 2023 may suggest improvements in the company's cost control and pricing strategies. Additionally, the consistently above 30% gross profit margin reflects the company's ability to effectively manage its production costs and maintain a healthy margin on its products. Overall, the trend in Amphenol Corp.'s gross profit margin demonstrates a solid financial performance and efficiency in generating profits from its operations.