Silicon Laboratories Inc (SLAB)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 312,188 | 460,586 | 642,557 | 425,392 | 294,845 |
| Revenue | US$ in thousands | 584,386 | 782,258 | 1,024,110 | 720,860 | 510,928 |
| Gross profit margin | 53.42% | 58.88% | 62.74% | 59.01% | 57.71% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $312,188K ÷ $584,386K
= 53.42%
The gross profit margin of Silicon Laboratories Inc has displayed some fluctuations over the past five years. Starting at 57.71% on December 31, 2020, the margin improved to 59.01% by December 31, 2021. Subsequently, there was a significant spike to 62.74% by December 31, 2022, indicating strong control over direct costs and pricing strategies.
However, there was a slight decrease in the gross profit margin to 58.88% by December 31, 2023, which might be attributed to changes in production costs or pricing dynamics. The margin experienced a more notable decline to 53.42% by December 31, 2024, raising potential concerns about the company's ability to maintain profitability amidst cost pressures or competitive factors.
Overall, while the gross profit margin of Silicon Laboratories Inc has shown variability, it is important for stakeholders to monitor future trends closely to assess the company's operational efficiency and pricing strategies.
Peer comparison
Dec 31, 2024