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Himax Technologies (Himax Technologies) Gross Margin % : 30.31% (As of Dec. 2023)


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What is Himax Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Himax Technologies's Gross Profit for the three months ended in Dec. 2023 was $69.0 Mil. Himax Technologies's Revenue for the three months ended in Dec. 2023 was $227.7 Mil. Therefore, Himax Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 30.31%.


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

HIMX' s Gross Margin % Range Over the Past 10 Years
Min: 20.53   Med: 24.44   Max: 48.39
Current: 27.87


During the past 13 years, the highest Gross Margin % of Himax Technologies was 48.39%. The lowest was 20.53%. And the median was 24.44%.

HIMX's Gross Margin % is ranked worse than
50.31% of 972 companies
in the Semiconductors industry
Industry Median: 28.165 vs HIMX: 27.87

Himax Technologies had a gross margin of 30.31% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Himax Technologies was 10.80% per year.


Himax Technologies Gross Margin % Historical Data

The historical data trend for Himax Technologies'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.

Himax Technologies Gross Margin % Chart

Himax Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.53 24.88 48.39 40.55 27.87

Himax Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 30.52 28.09 21.73 31.37 30.31

Competitive Comparison of Himax Technologies's Gross Margin %

For the Semiconductors subindustry, Himax Technologies'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.


Himax Technologies's Gross Margin % Distribution in the Semiconductors Industry

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

* The bar in red indicates where Himax Technologies's Gross Margin % falls into.



Himax Technologies Gross Margin % Calculation

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

Himax Technologies'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 )
=263.5 / 945.428
=(Revenue - Cost of Goods Sold) / Revenue
=(945.428 - 681.931) / 945.428
=27.87 %

Himax Technologies'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 )
=69 / 227.678
=(Revenue - Cost of Goods Sold) / Revenue
=(227.678 - 158.669) / 227.678
=30.31 %

* 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.


Himax Technologies  (NAS:HIMX) 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

Himax Technologies had a gross margin of 30.31% 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.


Himax Technologies Gross Margin % Related Terms

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


Himax Technologies (Himax Technologies) Business Description

Traded in Other Exchanges
Address
No. 26, Zih Lian Road, Sinshih District, Tainan, TWN, 74148
Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm's revenue gets derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China.