Ichor Holdings Ltd (ICHR)

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 99,102 92,455 88,733 91,004 103,396 131,962 171,453 201,172 211,864 209,931 190,008 181,900 177,480 164,852 153,721 135,630 124,892 116,457 104,644 94,915
Revenue (ttm) US$ in thousands 849,040 819,230 804,852 786,633 811,120 909,359 1,068,241 1,212,793 1,280,069 1,265,537 1,172,749 1,125,497 1,096,917 1,054,695 1,019,518 958,774 914,236 858,625 785,403 703,034
Gross profit margin 11.67% 11.29% 11.02% 11.57% 12.75% 14.51% 16.05% 16.59% 16.55% 16.59% 16.20% 16.16% 16.18% 15.63% 15.08% 14.15% 13.66% 13.56% 13.32% 13.50%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $99,102K ÷ $849,040K
= 11.67%

The gross profit margin for Ichor Holdings Ltd has shown fluctuations over the years, as per the provided data. The trend indicates a gradual increase from March 31, 2020, to September 30, 2022, peaking at 16.59%. This upward trajectory suggests improving profitability in terms of the company's ability to generate revenue from its core operations after accounting for the cost of goods sold.

However, following the peak in September 30, 2022, the gross profit margin started to decline, reaching 11.67% by December 31, 2024. This downward trend may raise concerns regarding the company's efficiency in managing its production costs and pricing strategies, potentially impacting overall profitability.

It would be important for stakeholders to further investigate the reasons behind these fluctuations in the gross profit margin to assess the sustainability of the company's profit generation capabilities and identify any areas that may require strategic adjustments to maintain or improve profitability levels in the future.