Bruker Corporation (BRKR)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	1,513,300	1,448,900	1,401,400	1,359,100	1,305,700	1,281,400	1,254,800	1,237,200	1,209,600	1,181,000	1,120,600	1,026,200	939,800	923,100	928,700	972,900	995,300	971,800	940,500	915,300
Revenue (ttm)	US$ in thousands	2,964,500	2,818,400	2,714,500	2,621,000	2,530,700	2,505,800	2,475,800	2,458,200	2,417,900	2,361,900	2,264,400	2,118,200	1,987,500	1,959,900	1,969,600	2,035,200	2,072,600	2,026,300	1,971,800	1,925,300
Gross profit margin		51.05%	51.41%	51.63%	51.85%	51.59%	51.14%	50.68%	50.33%	50.03%	50.00%	49.49%	48.45%	47.29%	47.10%	47.15%	47.80%	48.02%	47.96%	47.70%	47.54%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,513,300K ÷ $2,964,500K
= 51.05%

Bruker Corp's gross profit margin has shown relative stability over the past eight quarters, ranging from 50.33% in Q1 2022 to 51.85% in Q1 2023. Despite some fluctuations, the company has maintained a healthy gross profit margin above 50% throughout this period. This indicates that Bruker Corp has been effectively managing its production costs and pricing strategies to generate profits from its sales. The overall trend suggests that the company has been successful in maintaining consistent profitability in its core operations over the past two years.