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Ultra Clean Holdings (Ultra Clean Holdings) Gross Profit

: $277 Mil (TTM As of Dec. 2023)
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Ultra Clean Holdings's gross profit for the three months ended in Dec. 2023 was $71 Mil. Ultra Clean Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $277 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ultra Clean Holdings's gross profit for the three months ended in Dec. 2023 was $71 Mil. Ultra Clean Holdings's Revenue for the three months ended in Dec. 2023 was $445 Mil. Therefore, Ultra Clean Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 15.97%.

Ultra Clean Holdings had a gross margin of 15.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Ultra Clean Holdings was 20.86%. The lowest was 14.23%. And the median was 17.09%.


Ultra Clean Holdings Gross Profit Historical Data

The historical data trend for Ultra Clean Holdings'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.

Ultra Clean Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 196.80 291.80 430.00 465.00 277.30

Ultra Clean Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 108.40 73.00 68.10 65.20 71.00

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings'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.


Ultra Clean Holdings Gross Profit Distribution

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

* The bar in red indicates where Ultra Clean Holdings's Gross Profit falls into.



Ultra Clean Holdings Gross Profit Calculation

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

Ultra Clean Holdings'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
=1734.5 - 1457.2
=277

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=444.7 - 373.7
=71

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 $277 Mil.

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

Ultra Clean Holdings'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
=71 / 444.7
=15.97 %

* 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.


Ultra Clean Holdings  (NAS:UCTT) 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

Ultra Clean Holdings had a gross margin of 15.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Ultra Clean Holdings Gross Profit Related Terms

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Ultra Clean Holdings (Ultra Clean Holdings) Business Description

Traded in Other Exchanges
Address
26462 Corporate Avenue, Hayward, CA, USA, 94545
Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments Products and Services. Its principal markets are North America, Asia, and Europe. Its largest end markets by revenue are the United States and the International market.
Executives
Paul Yoonku Cho officer: General Counsel and Secretary C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Jeffrey L. Mckibben officer: Chief Information Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD, CA 94545
Jamie J. Palfrey officer: SVP, Global Human Resources ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Bill Bentinck officer: Pres, Semiconductor Svcs Bus. C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545
Emily M Liggett director
Sheri Brumm officer: SVP, Finance & CAO C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Vijayan S. Chinnasami officer: Chief Operating Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Brian E Harding officer: Chief Accounting Officer 27700 SW PARKWAY AVE, WILSONVILLE OR 97070
Jacqueline A. Seto director C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
James P Scholhamer director, officer: CEO 9586I-25 FRONTAGE ROAD, LONGMONT CO 80504
Christopher S Cook officer: President, Products Div ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
David T Ibnale director 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
Clarence L Granger director, officer: President, CEO, COO 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
William Joe Williams officer: SVP, Customer Business Mgmt ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545
Barbara Vaughn Scherer director 337 ENCINAL ST, SANTA CRUZ CA 95060

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