Gilead Sciences Inc (GILD)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 22,503,000 | 27,116,000 | 21,624,000 | 20,704,000 | 20,117,000 |
| Revenue | US$ in thousands | 28,754,000 | 27,116,000 | 27,281,000 | 27,305,000 | 24,689,000 |
| Gross profit margin | 78.26% | 100.00% | 79.26% | 75.82% | 81.48% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $22,503,000K ÷ $28,754,000K
= 78.26%
Based on the data provided, Gilead Sciences Inc's gross profit margin has exhibited fluctuations over the years. The gross profit margin was 81.48% as of December 31, 2020, indicating a high margin of profitability on its products or services. However, there was a decrease to 75.82% by the end of December 31, 2021, which might suggest potential challenges in managing production costs or pricing strategies.
The following year, the gross profit margin improved to 79.26% by December 31, 2022, showcasing a recovery in profitability. Interestingly, by the end of December 31, 2023, the gross profit margin spiked to 100.00%, which could be an anomaly or a result of specific accounting adjustments.
In the most recent year analyzed, the gross profit margin decreased slightly to 78.26% by December 31, 2024. This fluctuation in the gross profit margin over the years indicates changes in the company's cost structures, pricing strategies, or potentially shifts in the product mix. Further analysis of the underlying factors contributing to these variations would be necessary to assess the overall financial health and performance of Gilead Sciences Inc.
Peer comparison
Dec 31, 2024