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Vishay Intertechnology (Vishay Intertechnology) Gross Margin %

: 25.55% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Vishay Intertechnology's Gross Profit for the three months ended in Dec. 2023 was $201 Mil. Vishay Intertechnology's Revenue for the three months ended in Dec. 2023 was $785 Mil. Therefore, Vishay Intertechnology's Gross Margin % for the quarter that ended in Dec. 2023 was 25.55%.


The historical rank and industry rank for Vishay Intertechnology's Gross Margin % or its related term are showing as below:

VSH' s Gross Margin % Range Over the Past 10 Years
Min: 23.26   Med: 26.1   Max: 30.28
Current: 28.64


During the past 13 years, the highest Gross Margin % of Vishay Intertechnology was 30.28%. The lowest was 23.26%. And the median was 26.10%.

VSH's Gross Margin % is ranked better than
50.72% of 972 companies
in the Semiconductors industry
Industry Median: 28.165 vs VSH: 28.64

Vishay Intertechnology had a gross margin of 25.55% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vishay Intertechnology was 1.80% per year.


Vishay Intertechnology Gross Margin % Historical Data

The historical data trend for Vishay Intertechnology's Gross Margin % 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.

* Premium members only.

Vishay Intertechnology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.15 23.26 27.40 30.28 28.64

Vishay Intertechnology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.13 32.00 28.86 27.84 25.55

Competitive Comparison

For the Semiconductors subindustry, Vishay Intertechnology's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Vishay Intertechnology Gross Margin % Distribution

For the Semiconductors industry and Technology sector, Vishay Intertechnology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vishay Intertechnology's Gross Margin % falls into.



Vishay Intertechnology Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vishay Intertechnology's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=974.5 / 3402.045
=(Revenue - Cost of Goods Sold) / Revenue
=(3402.045 - 2427.552) / 3402.045
=28.64 %

Vishay Intertechnology's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=200.7 / 785.236
=(Revenue - Cost of Goods Sold) / Revenue
=(785.236 - 584.572) / 785.236
=25.55 %

* 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.


Vishay Intertechnology  (NYSE:VSH) Gross Margin % Explanation

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

Vishay Intertechnology had a gross margin of 25.55% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Vishay Intertechnology Gross Margin % Related Terms

Thank you for viewing the detailed overview of Vishay Intertechnology's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vishay Intertechnology (Vishay Intertechnology) Business Description

Traded in Other Exchanges
Address
63 Lancaster Avenue, Malvern, PA, USA, 19355-2143
Vishay Intertechnology Inc provides a broad product portfolio of discrete semiconductors and passive electronic components to original equipment manufacturers and distributors. These products are found in industrial, computing, automotive, consumer, telecommunications, power supplies, military, aerospace, and medical markets and serve customer worldwide. Its product segments consist of two general classes: semiconductors and passive components. The company's operating segment includes metal oxide semiconductor field-effect transistors, diodes, optoelectronic components, resistors, inductors, and capacitors. Revenue mainly comes from resistors, which are basic components used in all forms of electronic circuitry to adjust and regulate levels of voltage and current.
Executives
Marc Zandman director, officer: ExecChairman & Chief Bus Dev C/O VISHAY INTERTECHNOLOGY, INC., 63 LINCOLN HIGHWAY, MALVERN PA 19355
Abraham Ludomirski director SUITE 190, 7 GREAT VALLEY PARKWAY, MALVERN PA 19355
Joel Smejkal director, officer: President and CEO 63 LANCASTER AVE, MALVERN PA 19355
Roy Shoshani officer: EVP & Chief Technical Officer 63 LANCASTER AVE, MALVERN PA 19355
Peter Henrici officer: EVP - Corporate Development 63 LANCASTER AVE, MALVERN PA 19355
Lori Lipcaman officer: EVP & Chief Financial Officer C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVENUE, MALVERN PA 19355
Jeffrey Allen Webster officer: EVP & Chief Operating Officer 63 LANCASTER AVE, MALVERN PA 19355
Andreas Randebrock officer: EVP - Global Human Resources 63 LANCASTER AVE, MALVERN PA 19355
Gerald Paul director, officer: President and CEO
Raanan Zilberman director 63 LANCASTER AVE, MALVERN PA 19355
Michiko Kurahashi director 63 LANCASTER AVE, MALVERN PA 19355
Renee B Booth director C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Ziv Shoshani director, officer: Exec. VP and COO C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Ruta Zandman director
Michael J Cody director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748