Vicor Corporation (VICR)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 183,998 | 204,929 | 180,559 | 178,200 | 131,447 |
| Revenue | US$ in thousands | 370,896 | 413,907 | 400,531 | 719,112 | 594,138 |
| Gross profit margin | 49.61% | 49.51% | 45.08% | 24.78% | 22.12% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $183,998K ÷ $370,896K
= 49.61%
The gross profit margin of Vicor Corporation has shown a notable upward trend over the years, reflecting improvements in the company's operational efficiency and pricing strategies.
From December 31, 2020, where the gross profit margin stood at 22.12%, there has been a steady increase to 24.78% by December 31, 2021. This initial improvement suggests the company successfully managed its cost of goods sold relative to its revenue during that period.
The most significant jump occurred between December 31, 2021, and December 31, 2022, when the gross profit margin surged to 45.08%. This sharp increase may indicate enhanced productivity, better cost control measures, or possibly an increase in product pricing.
Continuing this positive trajectory, the gross profit margin further rose to 49.51% by December 31, 2023, indicating sustained operational efficiency and effectiveness in generating profits from sales.
As of December 31, 2024, the gross profit margin slightly increased to 49.61%, showcasing Vicor Corporation's ability to maintain high levels of profitability relative to its revenue.
Overall, the consistent growth in gross profit margin demonstrates Vicor Corporation's capacity to effectively manage its production costs and generate healthy profits, which could be viewed favorably by investors and stakeholders.
Peer comparison
Dec 31, 2024