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Photronics Gross Margin %

: 38.13% (As of Jul. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Photronics's Gross Profit for the three months ended in Jul. 2022 was $83.9 Mil. Photronics's Revenue for the three months ended in Jul. 2022 was $219.9 Mil. Therefore, Photronics's Gross Margin % for the quarter that ended in Jul. 2022 was 38.13%.


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

PLAB' s Gross Margin % Range Over the Past 10 Years
Min: 20.26   Med: 24.08   Max: 33.42
Current: 33.42


During the past 13 years, the highest Gross Margin % of Photronics was 33.42%. The lowest was 20.26%. And the median was 24.08%.

PLAB's Gross Margin % is ranked better than
50% of 892 companies
in the Semiconductors industry
Industry Median: 33.42 vs PLAB: 33.42

Photronics had a gross margin of 38.13% for the quarter that ended in Jul. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Photronics was 0.80% per year.


Photronics Gross Margin % Historical Data

The historical data trend for Photronics'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.

Photronics Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.26 24.57 21.94 22.09 25.17

Photronics Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 26.56 28.65 31.54 34.34 38.13

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Photronics'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.

   

Photronics Gross Margin % Distribution

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

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



Photronics Gross Margin % Calculation

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

Photronics's Gross Margin for the fiscal year that ended in Oct. 2021 is calculated as

Gross Margin % (A: Oct. 2021 )=Gross Profit (A: Oct. 2021 ) / Revenue (A: Oct. 2021 )
=167 / 663.761
=(Revenue - Cost of Goods Sold) / Revenue
=(663.761 - 496.717) / 663.761
=25.17 %

Photronics's Gross Margin for the quarter that ended in Jul. 2022 is calculated as


Gross Margin % (Q: Jul. 2022 )=Gross Profit (Q: Jul. 2022 ) / Revenue (Q: Jul. 2022 )
=83.9 / 219.948
=(Revenue - Cost of Goods Sold) / Revenue
=(219.948 - 136.085) / 219.948
=38.13 %

* 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.


Photronics  (NAS:PLAB) 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

Photronics had a gross margin of 38.13% for the quarter that ended in Jul. 2022 => 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.


Photronics Gross Margin % Related Terms

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


Photronics Business Description

Photronics logo
Traded in Other Exchanges
Address
15 Secor Road, Brookfield, CT, USA, 06804
Photronics is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Asia contributing the majority of total revenue.
Executives
Lewis Adam M director 15 SECOR ROAD BROOKFIELD CT 06804
Liao Daniel Jl director 2045 EAST INNOVATION CIRCLE TEMPE AZ 85284
Paladino Mary director 15 SECOR ROAD BROOKFIELD CT 06804
Lee Kang Jyh officer: President, Asia IC Photomask 15 SECOR ROAD BROOKFIELD CT 06804
Jordan John P officer: SVP & Chief Financial Officer 600 EAST GREENWICH AVENUE WEST WARWICK RI 02893
Hsia Liang Choo director 15 SECOR RD. BROOKFIELD CT 06804
Gmt Capital Corp 10 percent owner GMT CAPITAL CORP 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH ATLANTA GA 30339
Burr Richelle E officer: VP, General Counsel & Secy 15 SECOR RD BROOKFIELD CT 06804
Kirlin Peter S officer: Senior VP, U.S. & Europe 15 SECOR ROAD BROOKFIELD CT 06804
Progler Christopher J officer: VP,Chief Technology Officer 15 SECOR ROAD BROOKFIELD CT 06804
Jeong Soo Hong officer: COO, President-Asia Operations 15 SECOR ROAD BROOKFIELD CT 06804
Luttati Michael J director, officer: Chief Executive Officer 15 SECOR ROAD BROOKFIELD CT 06804
Maris Willem D director 15 SECOR ROAD BROOKFIELD CT 06804
Tyson Mitchell G director 15 SECOR ROAD BROOKFIELD CT 06804
Yomazzo Michael J director 15 SECOR ROAD PO BOX 5226 BROOKFIELD CT 06804

Photronics Headlines

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