Avantor Inc (AVTR)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	2,279,300	2,286,800	2,301,000	2,309,500	2,363,800	2,407,900	2,480,000	2,537,700	2,602,800	2,635,800	2,601,000	2,579,800	2,502,700	2,436,800	2,327,300	2,191,400	2,080,500	1,979,300	1,946,900	1,947,400
Revenue (ttm)	US$ in thousands	6,783,600	6,819,800	6,825,600	6,866,700	6,967,200	7,039,400	7,175,700	7,342,300	7,512,400	7,625,000	7,602,800	7,550,900	7,386,100	7,269,400	7,040,100	6,660,200	6,393,600	6,126,700	6,025,500	6,079,200
Gross profit margin		33.60%	33.53%	33.71%	33.63%	33.93%	34.21%	34.56%	34.56%	34.65%	34.57%	34.21%	34.17%	33.88%	33.52%	33.06%	32.90%	32.54%	32.31%	32.31%	32.03%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,279,300K ÷ $6,783,600K
= 33.60%

Avantor Inc's gross profit margin has shown a generally increasing trend over the analyzed period, starting at 32.03% in March 2020 and reaching 33.60% by December 2024. The company's gross profit margin reached its peak at 34.65% in December 2022, but experienced a slight decline in the following periods. Overall, the consistent improvement in the gross profit margin indicates that Avantor Inc has been effectively managing its production costs and optimizing its revenue generation processes over the years. These positive trends in gross profit margin suggest that the company has been successful in maintaining a strong position in its industry and enhancing its profitability.