Kulicke and Soffa Industries Inc (KLIC)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 268,754 | 358,655 | 748,320 | 696,986 | 297,975 |
| Revenue | US$ in thousands | 706,232 | 742,491 | 1,503,620 | 1,517,660 | 623,176 |
| Gross profit margin | 38.05% | 48.30% | 49.77% | 45.93% | 47.82% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $268,754K ÷ $706,232K
= 38.05%
Over the past five years, Kulicke and Soffa Industries Inc's gross profit margin has exhibited some fluctuations. The gross profit margin declined from 47.82% in 2020 to 45.93% in 2021 but rebounded to 49.77% in 2022. However, it decreased again to 48.30% in 2023 and further dropped to 38.05% in 2024.
The declining trend in the gross profit margin can indicate potential challenges in maintaining profitability or managing the cost of goods sold. A lower gross profit margin may suggest reduced efficiency in production processes or increased production costs.
It is essential for Kulicke and Soffa Industries Inc to closely monitor and address the factors contributing to the declining gross profit margin to ensure sustainable profitability and competitive advantage in the industry. Further analysis of the company's cost structure, pricing strategies, and competitive positioning may be beneficial in identifying areas for improvement and enhancing overall financial performance.
Peer comparison
Sep 30, 2024