Gilead Sciences Inc (GILD)
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 | 22,498,000 | 22,065,000 | 21,579,000 | 21,331,000 | 21,148,000 | 21,586,000 | 21,748,000 | 21,409,000 | 21,624,000 | 20,248,000 | 20,799,000 | 20,808,000 | 20,704,000 | 22,110,000 | 21,348,000 | 20,600,000 | 20,117,000 | 18,290,000 | 17,423,000 | 18,029,000 |
| Revenue (ttm) | US$ in thousands | 28,749,000 | 28,295,000 | 27,800,000 | 27,450,000 | 27,116,000 | 27,390,000 | 27,382,000 | 27,043,000 | 27,281,000 | 27,136,000 | 27,515,000 | 27,472,000 | 27,305,000 | 27,482,000 | 26,638,000 | 25,564,000 | 24,689,000 | 23,147,000 | 22,174,000 | 22,716,000 |
| Gross profit margin | 78.26% | 77.98% | 77.62% | 77.71% | 77.99% | 78.81% | 79.42% | 79.17% | 79.26% | 74.62% | 75.59% | 75.74% | 75.82% | 80.45% | 80.14% | 80.58% | 81.48% | 79.02% | 78.57% | 79.37% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $22,498,000K ÷ $28,749,000K
= 78.26%
Gilead Sciences Inc's gross profit margin has shown fluctuations over the past few years based on the provided data. The gross profit margin indicates the percentage of revenue that exceeds the cost of goods sold, reflecting the efficiency of the company's production process and pricing strategy.
From March 2020 to June 2021, the gross profit margin remained relatively stable, ranging between 78.57% and 81.48%. This stability demonstrates consistent control over production costs and pricing during this period.
However, from December 2021 to September 2022, there was a decline in the gross profit margin, with a downward trend from 81.48% to 74.62%. This decrease could be attributed to various factors such as increased production costs, changes in product pricing, or shifts in market dynamics impacting profitability.
Subsequently, from December 2022 to December 2024, the gross profit margin showed a slight recovery, fluctuating between 77.62% and 78.26%. This improvement suggests potential cost management initiatives or strategic pricing adjustments that positively impacted the company's profitability during this period.
Overall, Gilead Sciences Inc's gross profit margin fluctuated over the analyzed period, indicating the company's ability to manage production costs and pricing strategies in response to internal and external factors influencing its financial performance. It would be important for stakeholders to monitor these trends and assess the company's operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2024