Gilead Sciences Inc (GILD)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,605,000 | 8,260,000 | 8,474,000 | 8,838,000 | 7,330,000 | 6,003,000 | 7,008,000 | 7,225,000 | 9,918,000 | 11,629,000 | 9,788,000 | 4,559,000 | 4,071,000 | 2,513,000 | -961,000 | 4,452,000 | 4,287,000 | 4,338,000 | 8,434,000 | 8,284,000 |
| Revenue (ttm) | US$ in thousands | 26,229,000 | 26,516,000 | 26,520,000 | 26,161,000 | 26,413,000 | 26,256,000 | 26,613,000 | 26,496,000 | 26,325,000 | 26,743,000 | 26,144,000 | 25,341,000 | 24,689,000 | 23,147,000 | 22,174,000 | 22,716,000 | 22,449,000 | 22,365,000 | 22,357,000 | 22,320,000 |
| Operating profit margin | 28.99% | 31.15% | 31.95% | 33.78% | 27.75% | 22.86% | 26.33% | 27.27% | 37.68% | 43.48% | 37.44% | 17.99% | 16.49% | 10.86% | -4.33% | 19.60% | 19.10% | 19.40% | 37.72% | 37.11% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $7,605,000K ÷ $26,229,000K
= 28.99%
The operating profit margin of Gilead Sciences, Inc. has shown a declining trend from Q1 2022 to Q4 2023. The margin decreased from 40.23% in Q4 2022 to 32.49% in Q4 2023. This downward trend may indicate that the company's operating expenses have been increasing at a faster rate than its revenue, impacting its profitability. It is important for the company to closely monitor and manage its operating costs to improve its operating profit margin in the future and enhance its overall financial performance.
Peer comparison
Dec 31, 2023
See also:
Gilead Sciences Inc Operating Profit Margin (Quarterly Data)