Vishay Intertechnology Inc (VSH)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 626,292 | 974,493 | 1,058,990 | 887,913 | 581,903 |
| Revenue | US$ in thousands | 2,937,590 | 3,402,040 | 3,497,400 | 3,240,490 | 2,501,900 |
| Gross profit margin | 21.32% | 28.64% | 30.28% | 27.40% | 23.26% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $626,292K ÷ $2,937,590K
= 21.32%
The gross profit margin of Vishay Intertechnology Inc has seen fluctuations over the past five years. It increased from 23.26% in December 2020 to 27.40% in December 2021, indicating an improvement in the company's ability to generate profit from its core operations. Further growth was witnessed in December 2022, with the gross profit margin reaching 30.28%, which suggests efficient cost management or higher selling prices relative to the cost of goods sold.
However, there was a slight decline in the gross profit margin to 28.64% by December 2023, which may be attributed to factors such as increased production costs or pricing pressures in the industry. The most significant change occurred in December 2024, where the gross profit margin dropped to 21.32%. This considerable decrease could signal challenges in maintaining profitability, potentially due to rising costs outpacing revenue growth or pricing strategies that have impacted margins negatively.
Overall, while Vishay Intertechnology Inc has experienced some fluctuations in its gross profit margin over the years, it is important for the company to monitor and address any factors affecting profitability to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024