EchoStar Corporation (SATS)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | 3,592,539 | 5,661,639 | 5,071,722 | 4,298,765 | 3,917,150 | 1,168,513 | 1,076,488 | 1,097,292 | 1,136,020 | 1,141,674 | 1,167,958 | 1,188,715 | 1,202,066 | 1,207,851 | 1,193,544 | 1,173,665 | 1,143,529 | 1,134,521 | 1,121,907 | 1,173,379 |
| Revenue (ttm) | US$ in thousands | 15,825,510 | 27,568,370 | 24,090,464 | 20,590,823 | 17,015,580 | 1,805,636 | 1,889,949 | 1,936,156 | 1,998,093 | 1,996,881 | 2,004,154 | 2,004,672 | 1,985,720 | 1,976,349 | 1,945,191 | 1,904,823 | 1,887,907 | 1,897,640 | 1,896,400 | 1,974,058 |
| Gross profit margin | 22.70% | 20.54% | 21.05% | 20.88% | 23.02% | 64.71% | 56.96% | 56.67% | 56.86% | 57.17% | 58.28% | 59.30% | 60.54% | 61.12% | 61.36% | 61.62% | 60.57% | 59.79% | 59.16% | 59.44% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,592,539K ÷ $15,825,510K
= 22.70%
The gross profit margin of EchoStar Corporation has shown fluctuations over the analyzed period starting from March 31, 2020, to December 31, 2024. The margin ranged from a high of 64.71% on September 30, 2023, to a low of 20.54% on September 30, 2024.
During the initial period, the gross profit margin showed a general upward trend, reaching its peak at 61.62% on March 31, 2021. However, from March 31, 2022, onwards, the trend reversed as the margin started declining steadily.
The company experienced a significant drop in its gross profit margin in the later part of 2024, with the margin dipping to 20.54% on September 30, 2024, showing a sharp decline compared to the previous periods. This significant decrease could indicate challenges in managing costs or pricing pressures impacting profitability.
Overall, fluctuations in the gross profit margin suggest that EchoStar Corporation may have been facing changing market conditions, cost pressures, or other operational challenges during the analyzed period. Further analysis of the company's financial performance and operational strategies may be necessary to understand the factors contributing to these fluctuations.
Peer comparison
Dec 31, 2024