Elanco Animal Health (ELAN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,909,000 | 1,938,000 | 1,970,000 | 2,076,000 | 1,246,800 |
| Revenue | US$ in thousands | 4,439,000 | 4,417,000 | 4,411,000 | 4,764,000 | 3,273,300 |
| Gross profit margin | 43.01% | 43.88% | 44.66% | 43.58% | 38.09% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,909,000K ÷ $4,439,000K
= 43.01%