Exelixis Inc (EXEL)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,502,300 | 1,214,960 | 1,093,300 | 980,382 | 705,278 |
| Revenue | US$ in thousands | 2,168,700 | 1,830,210 | 1,611,060 | 1,434,970 | 987,538 |
| Gross profit margin | 69.27% | 66.38% | 67.86% | 68.32% | 71.42% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,502,300K ÷ $2,168,700K
= 69.27%
Exelixis Inc's gross profit margin has shown a declining trend over the past five years, dropping from 71.42% as of December 31, 2020, to 69.27% as of December 31, 2024. This decline indicates that the company may be facing challenges in maintaining profitability on its core operations. Despite a slight recovery in 2024, the overall decrease in gross profit margin suggests that Exelixis Inc may be experiencing pressure on its pricing strategy, cost structure, or product mix. Further analysis of the company's operational efficiency and competitive positioning would be necessary to understand the underlying factors contributing to this trend.
Peer comparison
Dec 31, 2024