Rogers Corporation (ROG)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	277,100	307,100	321,015	349,139	291,820
Revenue	US$ in thousands	830,100	908,400	971,171	932,886	802,583
Gross profit margin		33.38%	33.81%	33.05%	37.43%	36.36%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $277,100K ÷ $830,100K
= 33.38%

Analysis of Rogers Corporation's Gross Profit Margin:

- The gross profit margin of Rogers Corporation has shown fluctuations over the years.
- As of December 31, 2020, the gross profit margin was 36.36%, indicating that the company retained 36.36% of its revenue after accounting for the cost of goods sold.
- The gross profit margin improved to 37.43% by December 31, 2021, reflecting an increase in profitability.
- However, there was a decline in the gross profit margin to 33.05% by December 31, 2022, which may suggest challenges in managing production costs or pricing strategies.
- The margin slightly increased to 33.81% by December 31, 2023, showing some recovery.
- By December 31, 2024, the gross profit margin stood at 33.38%, indicating a relatively stable performance compared to the previous year.

Overall, while there have been fluctuations in the gross profit margin of Rogers Corporation, the company has maintained profitability levels within a reasonable range over the years, with potential areas for further improvement in cost management and revenue generation strategies.