MKS Instruments Inc (MKSI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,708,000 | 1,642,000 | 1,547,000 | 1,380,000 | 1,049,000 |
| Revenue | US$ in thousands | 3,529,000 | 3,260,000 | 3,377,000 | 2,924,200 | 2,300,900 |
| Gross profit margin | 48.40% | 50.37% | 45.81% | 47.19% | 45.59% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,708,000K ÷ $3,529,000K
= 48.40%
The gross profit margin of MKS Instruments Inc has shown a general upward trend over the past five years, starting at 45.59% on December 31, 2020, and reaching 48.40% on December 31, 2024. This indicates an improvement in the company's ability to generate profits from its core operations after accounting for the cost of goods sold. The highest gross profit margin was reported on December 31, 2023, at 50.37%, reflecting a peak in efficiency in managing production costs.
The slight fluctuations in the margin over the years suggest that MKS Instruments Inc has been able to maintain competitive pricing while effectively controlling its production expenses. Overall, the rising trend in the gross profit margin signifies a positive performance in generating profits from sales and indicates a degree of operational efficiency within the company.
Peer comparison
Dec 31, 2024