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Vicor (VICR) Gross Margin % : 51.10% (As of Dec. 2023)


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What is Vicor Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vicor's Gross Profit for the three months ended in Dec. 2023 was $47.3 Mil. Vicor's Revenue for the three months ended in Dec. 2023 was $92.7 Mil. Therefore, Vicor's Gross Margin % for the quarter that ended in Dec. 2023 was 51.10%.


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

VICR' s Gross Margin % Range Over the Past 10 Years
Min: 43.02   Med: 45.39   Max: 52.04
Current: 52.04


During the past 13 years, the highest Gross Margin % of Vicor was 52.04%. The lowest was 43.02%. And the median was 45.39%.

VICR's Gross Margin % is ranked better than
89.62% of 2437 companies
in the Hardware industry
Industry Median: 24.45 vs VICR: 52.04

Vicor had a gross margin of 51.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vicor was 0.90% per year.


Vicor Gross Margin % Historical Data

The historical data trend for Vicor'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.

Vicor Gross Margin % Chart

Vicor 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 46.76 44.32 49.59 45.24 50.59

Vicor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 47.57 51.69 51.81 51.10 53.80

Competitive Comparison of Vicor's Gross Margin %

For the Electronic Components subindustry, Vicor'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.


Vicor's Gross Margin % Distribution in the Hardware Industry

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

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



Vicor Gross Margin % Calculation

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

Vicor'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 )
=204.9 / 405.059
=(Revenue - Cost of Goods Sold) / Revenue
=(405.059 - 200.13) / 405.059
=50.59 %

Vicor'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 )
=47.3 / 92.652
=(Revenue - Cost of Goods Sold) / Revenue
=(92.652 - 45.308) / 92.652
=51.10 %

* 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.


Vicor  (NAS:VICR) 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

Vicor had a gross margin of 51.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage


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.


Vicor Gross Margin % Related Terms

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


Vicor (VICR) Business Description

Traded in Other Exchanges
Address
25 Frontage Road, Andover, MA, USA, 01810
Vicor Corp manufactures and markets modular power components and complete power systems. It provides modular power converters and configurable products, advanced power component products and integrated circuits, and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. Geographically, it derives a majority of its revenue from the Asia Pacific.
Executives
Quentin A. Fendelet officer: Corp. VP-CAO 25 FRONTAGE RD., ANDOVER MA 01810
Alvaro Doyle officer: VP and CIO 25 FRONTAGE RD., ANDOVER MA 01810
Claudio Tuozzolo director, officer: Corp. Vice President 25 FRONTAGE ROAD, ANDOVER MA 01810
Kemble D Morrison other: VICE PRESIDENT CORP CONTROLLER 25 FRONTAGE ROAD, ANDOVER MA 01810
Nancy L Grava officer: VP-Human Resources 25 FRONTAGE RD., ANDOVER MA 01810
Andrew D'amico director 25 FRONTAGE RD., ANDOVER MA 01810
Sean Crilly officer: Corp. VP-Engineering, Pwr.Sys. 25 FRONTAGE RD., ANDOVER MA 01810
Estia J Eichten director 25 FRONTAGE ROAD, ANDOVER MA 01810
Zmira Lavie director 25 FRONTAGE RD., ANDOVER MA 01810
Zheng John Shen director 25 FRONTAGE RD, ANDOVER MA 01810
Nagel Richard J Jr officer: VP-Chief Accounting Officer 25 FRONTAGE ROAD, ANDOVER MA 01810
Patrizio Vinciarelli director, 10 percent owner, officer: Chairman and CEO C/O VICOR CORPORATION, 25 FRONTAGE ROAD, ANDOVER MA 01810
Alex Gusinov officer: Corp. VP Engineering 25 FRONTAGE RD., ANDOVER MA 01810
Michael Mcnamara officer: VP Quality & Tech Ops. 25 FRONTAGE RD, ANDOVER MA 01810
Philip D Davies officer: VP - Global Sales & Marketing 25 FRONTAGE RD., ANDOVER MA 01810