Vishay Intertechnology Inc (VSH)
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 | 974,493 | 1,022,949 | 1,074,844 | 1,078,594 | 1,058,989 | 1,039,825 | 976,023 | 944,072 | 887,913 | 810,241 | 736,214 | 637,612 | 581,903 | 564,980 | 563,350 | 607,281 | 671,200 | 755,529 | 841,746 | 894,383 |
| Revenue (ttm) | US$ in thousands | 3,402,045 | 3,472,107 | 3,543,252 | 3,514,654 | 3,497,401 | 3,485,175 | 3,374,040 | 3,329,648 | 3,240,487 | 3,064,595 | 2,891,092 | 2,653,689 | 2,501,898 | 2,444,295 | 2,432,464 | 2,535,987 | 2,668,305 | 2,834,620 | 2,987,263 | 3,063,053 |
| Gross profit margin | 28.64% | 29.46% | 30.33% | 30.69% | 30.28% | 29.84% | 28.93% | 28.35% | 27.40% | 26.44% | 25.46% | 24.03% | 23.26% | 23.11% | 23.16% | 23.95% | 25.15% | 26.65% | 28.18% | 29.20% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $974,493K ÷ $3,402,045K
= 28.64%
Vishay Intertechnology, Inc.'s gross profit margin has shown some fluctuation over the past eight quarters. The company's gross profit margin started Q1 2022 at 28.35% and experienced a gradual increase until reaching its peak at 30.69% in Q1 2023. However, in Q2 and Q3 2023, the gross profit margin started to decline slightly to 30.33% and 29.46%, respectively. Finally, in Q4 2023, the gross profit margin dropped further to 28.64%.
Overall, Vishay Intertechnology, Inc.'s gross profit margin has remained relatively stable around the 29-31% range, with minor fluctuations from quarter to quarter. It is important for the company to continue monitoring and managing its cost of goods sold to ensure sustainable profitability.
Peer comparison
Dec 31, 2023