Rogers Corporation (ROG)

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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	307,100	310,717	308,421	315,322	321,015	328,129	341,719	345,034	349,139	351,689	335,553	315,689	291,820	275,320	278,669	294,528	314,292	328,464	328,727	319,571
Revenue (ttm)	US$ in thousands	901,299	912,712	930,181	952,619	959,464	974,498	968,031	952,111	933,645	911,742	872,311	827,187	796,024	779,120	800,771	852,145	894,360	923,534	930,355	904,278
Gross profit margin		34.07%	34.04%	33.16%	33.10%	33.46%	33.67%	35.30%	36.24%	37.40%	38.57%	38.47%	38.16%	36.66%	35.34%	34.80%	34.56%	35.14%	35.57%	35.33%	35.34%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $307,100K ÷ $901,299K
= 34.07%

The gross profit margin of Rogers Corp. has exhibited some fluctuations over the past eight quarters. In Q4 2023, the gross profit margin was 33.81%, showing a slight increase from the previous quarter's 33.50%. However, this margin is lower compared to the same period last year when it stood at 33.05%.

Overall, the trend in gross profit margin has been relatively stable around the low 30% range over the past two years, with some seasonal variations observed. It is important for investors and analysts to monitor this metric continuously, as it provides insights into the company's pricing strategy, cost structure, and overall profitability.