Visteon Corp (VC)
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 | 487,000 | 471,000 | 432,000 | 402,000 | 368,000 | 353,000 | 296,000 | 257,000 | 254,000 | 244,000 | 296,000 | 265,000 | 245,000 | 260,000 | 245,000 | 311,000 | 324,000 | 316,000 | 314,000 | 348,000 |
| Revenue (ttm) | US$ in thousands | 3,954,000 | 4,022,000 | 4,036,000 | 3,902,000 | 3,756,000 | 3,478,000 | 3,083,000 | 2,846,000 | 2,774,000 | 2,768,000 | 2,886,000 | 2,649,000 | 2,548,000 | 2,505,000 | 2,489,000 | 2,851,000 | 2,945,000 | 2,932,000 | 2,882,000 | 2,907,000 |
| Gross profit margin | 12.32% | 11.71% | 10.70% | 10.30% | 9.80% | 10.15% | 9.60% | 9.03% | 9.16% | 8.82% | 10.26% | 10.00% | 9.62% | 10.38% | 9.84% | 10.91% | 11.00% | 10.78% | 10.90% | 11.97% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $487,000K ÷ $3,954,000K
= 12.32%
The gross profit margin of Visteon Corp. has shown fluctuation over the past eight quarters. It increased from 9.03% in Q1 2022 to reach 12.32% in Q4 2023, displaying an overall increasing trend during this period. This indicates that the company has been able to effectively manage its production costs and generate more profitability from its sales. Although there were some fluctuations between quarters, the general upward trend in gross profit margin reflects positively on Visteon Corp.'s operational efficiency and ability to generate profits from its core business activities.
Peer comparison
Dec 31, 2023