NXP Semiconductors NV (NXPI)
Gross profit margin
| 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 | 7,553,000 | 7,507,000 | 7,509,000 | 7,510,000 | 7,517,000 | 7,333,000 | 6,949,000 | 6,489,000 | 6,067,000 | 5,648,000 | 5,155,000 | 4,593,000 | 4,235,000 | 4,156,000 | 4,252,000 | 4,635,000 |
| Revenue (ttm) | US$ in thousands | 13,276,000 | 13,166,000 | 13,177,000 | 13,190,000 | 13,205,000 | 12,932,000 | 12,348,000 | 11,632,000 | 11,063,000 | 10,531,000 | 9,937,000 | 9,158,000 | 8,612,000 | 8,406,000 | 8,404,000 | 8,990,000 |
| Gross profit margin | 56.89% | 57.02% | 56.99% | 56.94% | 56.93% | 56.70% | 56.28% | 55.79% | 54.84% | 53.63% | 51.88% | 50.15% | 49.18% | 49.44% | 50.59% | 51.56% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $7,553,000K ÷ $13,276,000K
= 56.89%
The gross profit margin of NXP Semiconductors NV has been fairly consistent over the past eight quarters, ranging from 55.79% to 57.02%. The company has generally maintained a healthy gross profit margin, with the latest reported figure for Q4 2023 standing at 56.89%. This stability in the gross profit margin indicates that NXP Semiconductors NV has been effectively managing its production costs and pricing strategies to maintain profitability in its operations. Overall, the trend in the gross profit margin reflects positively on the company's ability to generate profits from its core business activities.
Peer comparison
Dec 31, 2023