MACOM Technology Solutions Holdings Inc (MTSI)

Gross profit margin

		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	Dec 31, 2019
Gross profit (ttm)	US$ in thousands	393,773	370,557	355,274	362,752	385,797	407,678	426,094	422,393	406,181	387,885	370,612	355,736	341,855	329,360	312,967	292,224	270,166	245,375	208,327	202,287
Revenue (ttm)	US$ in thousands	729,578	679,243	637,279	625,451	648,407	676,175	699,912	695,653	675,169	652,237	632,600	618,036	606,920	598,958	583,603	559,444	530,037	495,036	466,075	468,116
Gross profit margin		53.97%	54.55%	55.75%	58.00%	59.50%	60.29%	60.88%	60.72%	60.16%	59.47%	58.59%	57.56%	56.33%	54.99%	53.63%	52.23%	50.97%	49.57%	44.70%	43.21%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $393,773K ÷ $729,578K
= 53.97%

The gross profit margin of MACOM Technology Solutions Holdings Inc has shown a general upward trend over the periods analyzed. From the most recent data available in Sep 30, 2024, where the gross profit margin was 53.97%, we can observe a slight decrease compared to the previous quarter, when the margin was 54.55% in Jun 30, 2024, but the margin remains relatively healthy.

Looking back over the past five years, there has been consistent improvement in the gross profit margin, with the margin increasing from 43.21% in Dec 31, 2019, to the current level of 53.97% in Sep 30, 2024. This indicates that the company has been able to efficiently manage its cost of goods sold relative to its revenue during this time period.

Overall, a gross profit margin of around 54-55% is considered positive, as it suggests that the company is effectively controlling its production costs and generating a healthy profit from its core operations. Investors and analysts may view this trend positively as an indication of the company's ability to maintain profitability and potentially improve operational efficiency.