Entegris Inc (ENTG)

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	1,486,719	1,444,144	1,439,393	1,447,740	1,497,605	1,557,450	1,562,047	1,488,278	1,396,413	1,286,978	1,179,511	1,134,498	1,059,664	995,446	957,242	899,230	849,722	816,486	760,836	719,738
Revenue (ttm)	US$ in thousands	3,241,208	3,203,662	3,284,207	3,372,555	3,523,926	3,657,705	3,763,294	3,554,783	3,282,033	2,971,167	2,556,832	2,435,695	2,298,893	2,181,283	2,082,777	1,959,830	1,859,313	1,768,717	1,681,877	1,612,346
Gross profit margin		45.87%	45.08%	43.83%	42.93%	42.50%	42.58%	41.51%	41.87%	42.55%	43.32%	46.13%	46.58%	46.09%	45.64%	45.96%	45.88%	45.70%	46.16%	45.24%	44.64%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,486,719K ÷ $3,241,208K
= 45.87%

Entegris Inc's gross profit margin has demonstrated fluctuations over the periods analyzed. The trend shows an overall increase from around 44.64% in March 2020 to 45.87% in December 2024. During this time frame, there have been both peaks and valleys in the gross profit margin, with some quarters showing higher margins compared to others.

The company experienced a steady increase in gross profit margin from March 2020 to September 2022, reaching a peak of 46.58% in March 2022. However, the trend reversed from that point onwards, and a decline was observed until December 2023, where the margin decreased to 42.50%. Subsequently, there was a slight recovery in the following periods, with the gross profit margin increasing to 45.87% by December 2024.

The fluctuations in the gross profit margin could be influenced by various factors such as changes in sales revenue, cost of goods sold, pricing strategies, and cost-efficient production processes. It is essential for Entegris Inc to analyze the underlying reasons for the changes in the gross profit margin and take appropriate measures to maintain or improve profitability levels.