NXP Semiconductors NV (NXPI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 7,119,000 | 7,553,000 | 7,517,000 | 6,067,000 | 4,235,000 |
| Revenue | US$ in thousands | 12,614,000 | 13,276,000 | 13,205,000 | 11,063,000 | 8,612,000 |
| Gross profit margin | 56.44% | 56.89% | 56.93% | 54.84% | 49.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $7,119,000K ÷ $12,614,000K
= 56.44%
The gross profit margin of NXP Semiconductors NV has shown a consistent upward trend over the five-year period from December 31, 2020, to December 31, 2024. Starting at 49.18% in December 2020, the gross profit margin has steadily increased to 56.44% by December 2024.
This improvement indicates that NXP Semiconductors NV has been effectively managing its production costs and maximizing its revenues from sales. A rising gross profit margin typically signifies that the company is efficiently controlling its direct costs associated with producing goods, such as materials and labor, in relation to its sales revenue.
Overall, the increasing trend in NXP Semiconductors NV's gross profit margin reflects positively on the company's operational efficiency and profitability, highlighting its ability to generate a greater profit from its core business activities over the years.
Peer comparison
Dec 31, 2024