Cohu Inc (COHU)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 180,294 | 302,806 | 383,326 | 386,961 | 271,782 |
Revenue | US$ in thousands | 401,779 | 636,322 | 812,775 | 887,214 | 636,007 |
Gross profit margin | 44.87% | 47.59% | 47.16% | 43.62% | 42.73% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $180,294K ÷ $401,779K
= 44.87%
The gross profit margin of Cohu Inc has shown a positive trend over the past five years, demonstrating an improvement from 42.73% as of December 31, 2020, to 47.59% as of December 31, 2023. This indicates the company's ability to effectively manage its production costs and generate profits from its core business activities. However, there was a slight decline in the gross profit margin to 44.87% as of December 31, 2024, which may warrant further investigation into potential factors affecting profitability in that specific period. Overall, the upward trajectory in the gross profit margin reflects Cohu Inc's efficiency in producing goods and services while maintaining profitability levels.
Peer comparison
Dec 31, 2024