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Diodes (Diodes) Gross Profit : $658 Mil (TTM As of Dec. 2023)


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What is Diodes Gross Profit?

Diodes's gross profit for the three months ended in Dec. 2023 was $112 Mil. Diodes's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $658 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Diodes's gross profit for the three months ended in Dec. 2023 was $112 Mil. Diodes's Revenue for the three months ended in Dec. 2023 was $323 Mil. Therefore, Diodes's Gross Margin % for the quarter that ended in Dec. 2023 was 34.85%.

Diodes had a gross margin of 34.85% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Diodes was 41.35%. The lowest was 29.28%. And the median was 35.47%.


Diodes Gross Profit Historical Data

The historical data trend for Diodes'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.

* Premium members only.

Diodes Gross Profit Chart

Diodes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 465.81 431.12 670.36 827.24 658.18

Diodes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial 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 206.20 194.45 195.38 155.88 112.48

Competitive Comparison of Diodes's Gross Profit

For the Semiconductors subindustry, Diodes'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.


Diodes's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Diodes's Gross Profit distribution charts can be found below:

* The bar in red indicates where Diodes's Gross Profit falls into.



Diodes Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Diodes's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1661.739 - 1003.557
=658

Diodes's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=322.699 - 210.223
=112

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 $658 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Diodes'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=112 / 322.699
=34.85 %

* 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.


Diodes  (NAS:DIOD) Gross Profit 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

Diodes had a gross margin of 34.85% for the quarter that ended in Dec. 2023 => Competition eroding margins


Diodes Gross Profit Related Terms

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Diodes (Diodes) Business Description

Traded in Other Exchanges
Address
4949 Hedgcoxe Road, Suite 200, Plano, TX, USA, 75024
Diodes Inc is a manufacturer and supplier of high-quality application-specific products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. It serves the customer electronics, computing, communications, industrial, and automotive markets. The Company's products include diodes; rectifiers; transistors; MOSFETs; GPP bridges; GPP rectifiers; protection devices; function-specific arrays; single gate logic; amplifiers and comparators; Hall-effect and temperature sensors; and power management devices, including LED drivers, AC-DC converters and controllers, DC-DC switching and linear voltage regulators, voltage references along with special-function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers.
Executives
Gary Yu officer: SVP, Business Groups 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Andy Tsong officer: President, Diodes Asia 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Peter M Menard director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Keh Shew Lu director C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Emily Yang officer: VP Worldwide Sales/Marketing 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Richard Dallas White officer: Sr. VP of Finance 3050 E. HILLCREST DRIVE, WESTLAKE VILLAGE CA 91362
Jin Zhao officer: VP, Worldwide Analog Products 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Elizabeth Bull director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Brett R Whitmire officer: CFO, Effective 3/1/2019 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Michael R Giordano director C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Julie Holland officer: VP WW Analog Products 15660 DALLAS PARKWAY, SUITE 850, DALLAS TX 75248
Evan Yu officer: VP Worldwide Analog Products 4949 HEDGCOXE ROAD SUITE 200, PLANO TX 75024
Francis Tang officer: VP, Product Development 3050 E. HILLCREST DRIVE, WESTLAKE VILLAGE CA 91362
C H Chen director, officer: President & CEO C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Button Angie Chen director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024