Knowles Cor (KN)
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 | 271,300 | 288,800 | 276,300 | 272,400 | 256,300 | 253,200 | 242,800 | 246,800 | 276,300 | 301,900 | 358,800 | 364,800 | 359,500 | 350,600 | 328,900 | 293,000 | 271,200 | 268,800 | 287,100 | 315,700 |
| Revenue (ttm) | US$ in thousands | 686,100 | 758,800 | 724,400 | 692,700 | 640,600 | 622,500 | 692,600 | 707,600 | 764,700 | 801,900 | 856,700 | 868,500 | 868,100 | 877,000 | 849,800 | 802,200 | 764,300 | 755,000 | 785,100 | 838,100 |
| Gross profit margin | 39.54% | 38.06% | 38.14% | 39.32% | 40.01% | 40.67% | 35.06% | 34.88% | 36.13% | 37.65% | 41.88% | 42.00% | 41.41% | 39.98% | 38.70% | 36.52% | 35.48% | 35.60% | 36.57% | 37.67% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $271,300K ÷ $686,100K
= 39.54%
The gross profit margin of Knowles Cor has shown fluctuations over the past several quarters. From March 31, 2020, to December 31, 2022, there was a general downward trend in the gross profit margin, decreasing from 37.67% to 36.13%. However, starting from March 31, 2023, there was an upward trend in the gross profit margin, reaching 39.54% by December 31, 2024.
The gross profit margin peaked at 42.00% on March 31, 2022, and experienced its lowest point at 34.88% on March 31, 2023. The highest levels were achieved in the latter part of 2024, with September 30, 2024, and December 31, 2024, showing strong improvements at 40.67% and 40.01%, respectively.
Overall, the gross profit margin of Knowles Cor appears to have stabilized and improved in recent quarters, indicating potentially better cost control or pricing strategies in place. However, it is essential to continue monitoring these ratios to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024