Intel Corporation (INTC)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 17,345,000 | 21,711,000 | 26,866,000 | 43,815,000 | 43,612,000 |
Revenue | US$ in thousands | 53,565,000 | 53,879,000 | 61,811,000 | 78,168,000 | 76,984,000 |
Gross profit margin | 32.38% | 40.30% | 43.46% | 56.05% | 56.65% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $17,345,000K ÷ $53,565,000K
= 32.38%
The gross profit margin for Intel Corporation has experienced a decreasing trend over the past five years, declining from 56.65% as of December 31, 2020, to 32.38% as of December 31, 2024. This decline indicates a reduction in the percentage of revenue that remains after deducting the cost of goods sold. It suggests that Intel may be facing challenges in managing its production costs or pricing strategies, which could impact its overall profitability. Intel should closely monitor its cost structure and pricing strategies to improve its gross profit margin and enhance its financial performance in the future.
Peer comparison
Dec 31, 2024