Bruker Corporation (BRKR)

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	1,649,500	1,586,500	1,550,500	1,506,400	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
Revenue (ttm)	US$ in thousands	3,366,400	3,241,300	3,119,700	3,000,900	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
Gross profit margin		49.00%	48.95%	49.70%	50.20%	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%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,649,500K ÷ $3,366,400K
= 49.00%

The gross profit margin of Bruker Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Starting at 47.80% in March 2020, the margin dipped slightly to 47.15% by June 2020 before stabilizing around the 47% range for the rest of 2020.

In the first quarter of 2021, there was a notable improvement in the gross profit margin to 48.45%, which continued to rise steadily over the following quarters, reaching its peak at 51.85% in March 2023. However, the margin began to decline after the first quarter of 2023, dropping to 49.70% by June 2024 and further decreasing to 49.00% by December 31, 2024.

Overall, the gross profit margin of Bruker Corporation has displayed fluctuations, showing periods of growth followed by slight declines. It is important for the company to closely monitor these trends, as the gross profit margin is a crucial indicator of profitability and operational efficiency.