Entegris Inc (ENTG)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	1,486,720	1,497,600	1,396,410	1,059,660	849,722
Revenue	US$ in thousands	3,241,210	3,523,930	3,282,030	2,298,890	1,859,310
Gross profit margin		45.87%	42.50%	42.55%	46.09%	45.70%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,486,720K ÷ $3,241,210K
= 45.87%

Based on the data provided, Entegris Inc's gross profit margin has shown some fluctuations over the past five years. The gross profit margin indicates the company's ability to generate revenue after accounting for the cost of goods sold.

In December 2020, the gross profit margin was 45.70%, which increased slightly to 46.09% by December 2021. However, there was a decline in the margin in the subsequent years, with a significant drop to 42.55% by December 2022 and a further decrease to 42.50% by December 2023.

Despite the declines in the two consecutive years, the company managed to improve its gross profit margin to 45.87% by December 2024. This may suggest that Entegris Inc took actions to enhance efficiency in its production processes or pricing strategies to boost profitability.

Overall, the company's gross profit margin has shown volatility, but with a rebound in the most recent year. It is essential for Entegris Inc to monitor its cost structure and pricing strategies continuously to maintain a healthy level of profitability in the future.