Ultra Clean Holdings Inc (UCTT)

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	356,300	335,500	307,300	286,900	277,300	314,700	373,900	424,200	464,900	485,600	475,300	456,800	430,000	378,500	339,000	313,000	291,800	270,500	243,400	217,700
Revenue (ttm)	US$ in thousands	2,097,500	1,978,900	1,873,500	1,778,900	1,734,500	1,856,200	2,056,200	2,243,400	2,374,200	2,422,900	2,341,600	2,248,100	2,101,600	1,856,100	1,665,700	1,495,300	1,398,600	1,315,400	1,206,400	1,127,000
Gross profit margin		16.99%	16.95%	16.40%	16.13%	15.99%	16.95%	18.18%	18.91%	19.58%	20.04%	20.30%	20.32%	20.46%	20.39%	20.35%	20.93%	20.86%	20.56%	20.18%	19.32%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $356,300K ÷ $2,097,500K
= 16.99%

Ultra Clean Holdings Inc's gross profit margin has shown some fluctuations over the past few years. The margin has generally ranged between 15.99% and 20.93%.

There was a gradual increase in the gross profit margin from March 31, 2020, to March 31, 2021, reaching its peak at 20.93%. However, after this peak, the margin started to fluctuate, experiencing some decreases and increases.

From March 31, 2023, to December 31, 2024, the trend in the gross profit margin was on a decline, dropping from 18.91% to 16.99%.

It is crucial for the company to closely monitor and manage its cost of goods sold and revenue generation to maintain a healthy gross profit margin, as it is an essential indicator of the company's efficiency in managing production costs.