Amkor Technology's gross profit for the
three
months ended in Dec. 2023 was $279 Mil. Amkor Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $943 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Amkor Technology's gross profit for the
three
months ended in Dec. 2023 was $279 Mil. Amkor Technology's Revenue for the
three
months ended in Dec. 2023 was $1,752 Mil. Therefore, Amkor Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 15.93%.
Amkor Technology had a gross margin of 15.93% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of Amkor Technology was 19.97%. The lowest was 14.50%. And the median was 17.76%.
Amkor Technology Gross Profit Historical Data
The historical data trend for Amkor Technology's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Amkor Technology's Gross Profit
For the Semiconductor Equipment & Materials subindustry, Amkor Technology's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Amkor Technology's Gross Profit Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Amkor Technology's Gross Profit distribution charts can be found below:
* The bar in red indicates where Amkor Technology's Gross Profit falls into.
Amkor Technology Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Amkor Technology's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $943 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Amkor Technology had a gross margin of 15.93% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Amkor Technology Gross Profit Related Terms
Thank you for viewing the detailed overview of Amkor Technology's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Amkor Technology (Amkor Technology) Business Description
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world.
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