Company / Gross Margin
Ultra Clean Holdings, Inc. Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
17.0%
FY2024
5-year range
16.0% / 20.5%
FY2020-FY2024
Trend
+6.3%
vs FY2023
Sector context
#206 of 224
Information Technology
What the data says
Among 224 Information Technology companies, Ultra Clean Holdings, Inc. is in the bottom 8% for gross margin. Gross Margin returned to growth in FY2024 after 3 years of decline, reaching 17.0%.
Based on SEC 10-K filings.
17.0% in FY2024 with a 5-year CAGR of -1.5%.
Declined from 19.6% to 17.0% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -3.5pp
- 5-Year Change
- -1.5pp
- 10-Year Change
- -
Sector benchmark
Bottom 8% in Information TechnologyTop 92% of 224This company 17.0% Sector average 53.5%
▼
-68.2% below sector average
Key checks
Key Insights
- In FY2024, gross margin increased 6.3% year-over-year.
- Currently 36.5pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2020.
- Lowest gross margin in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.37 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 17.0% | +6.3% |
| FY2023 | 16.0% | -18.3% |
| FY2022 | 19.6% | -4.3% |
| FY2021 | 20.5% | -1.9% |
| FY2020 | 20.9% | +13.0% |
| FY2019 | 18.5% | +15.2% |
| FY2018 | 16.0% | -11.6% |
| FY2017 | 18.1% | +17.6% |
| FY2016 | 15.4% | +1.8% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026