Sensata Technologies Holding NV (ST)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,155,830 | 1,261,260 | 1,317,210 | 1,278,370 | 926,534 |
| Revenue | US$ in thousands | 3,932,760 | 4,054,080 | 4,029,260 | 3,820,810 | 3,045,580 |
| Gross profit margin | 29.39% | 31.11% | 32.69% | 33.46% | 30.42% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,155,830K ÷ $3,932,760K
= 29.39%
The gross profit margin of Sensata Technologies Holding NV has shown a generally positive trend over the past five years, starting at 30.42% as of December 31, 2020, and reaching a peak of 33.46% as of December 31, 2021. However, there was a slight decrease in the gross profit margin to 32.69% by December 31, 2022. Subsequently, the margin declined further to 31.11% by December 31, 2023, and then to 29.39% by December 31, 2024.
The fluctuation in the gross profit margin indicates potential changes in the company's cost of goods sold and pricing strategies. A declining gross profit margin may suggest that the company is facing challenges in maintaining profitability amid increasing costs or pricing pressures.
It would be beneficial for Sensata Technologies Holding NV to closely monitor its cost structure and revenue generation strategies to ensure sustainable profitability and operational efficiency in the future.
Peer comparison
Dec 31, 2024