MaxLinear Inc (MXL)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 194,782 | 385,663 | 649,769 | 495,832 | 212,798 |
Revenue | US$ in thousands | 360,528 | 693,263 | 1,120,250 | 892,398 | 478,596 |
Gross profit margin | 54.03% | 55.63% | 58.00% | 55.56% | 44.46% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $194,782K ÷ $360,528K
= 54.03%
MaxLinear Inc's gross profit margin has shown a positive trend over the past five years, increasing from 44.46% as of December 31, 2020, to a peak of 58.00% as of December 31, 2022. This upward trend indicates that the company has been able to effectively manage its cost of goods sold and improve its pricing strategies to generate higher profits on its sales. However, there was a slight decrease in the gross profit margin to 54.03% as of December 31, 2024, compared to the previous year. It is important for the company to monitor this trend closely to ensure sustained profitability and operational efficiency. Overall, the consistent improvement in the gross profit margin reflects positively on MaxLinear Inc's ability to maintain healthy margins and optimize its operations.
Peer comparison
Dec 31, 2024