Hologic Inc (HOLX)
Gross profit margin
| Sep 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,227,800 | 1,977,600 | 2,021,100 | 2,071,500 | 2,085,900 | 2,268,200 | 2,629,000 | 2,997,400 | 3,310,800 | 3,462,600 | 3,601,800 | 3,795,900 | 3,899,600 | 3,664,100 | 2,974,100 | 2,227,500 | 1,545,200 | 1,523,900 | 1,170,500 | 1,170,800 |
| Revenue (ttm) | US$ in thousands | 4,030,300 | 3,960,600 | 3,969,300 | 4,030,400 | 4,038,300 | 4,056,600 | 4,465,800 | 4,862,700 | 5,226,100 | 5,391,700 | 5,493,600 | 5,632,300 | 5,662,700 | 5,317,300 | 4,535,800 | 3,776,500 | 3,295,300 | 3,324,800 | 3,387,100 | 3,367,300 |
| Gross profit margin | 55.28% | 49.93% | 50.92% | 51.40% | 51.65% | 55.91% | 58.87% | 61.64% | 63.35% | 64.22% | 65.56% | 67.40% | 68.86% | 68.91% | 65.57% | 58.98% | 46.89% | 45.83% | 34.56% | 34.77% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,227,800K ÷ $4,030,300K
= 55.28%
Hologic Inc's gross profit margin has shown fluctuations over the past several quarters. The gross profit margin represents the percentage of revenue that exceeds the cost of goods sold, indicating the company's efficiency in generating profits from its core operations.
The trend in the gross profit margin reveals variations in the company's ability to control production costs and pricing strategies. From December 2019 to September 2020, there was a noticeable decline in the gross profit margin, indicating challenges in managing production costs relative to revenue generation.
Subsequently, there was a significant improvement in the gross profit margin from September 2020 to March 2022, reaching a peak of 67.40%, demonstrating enhanced efficiency in cost management and revenue realization. However, there was a successive decline in the gross profit margin from March 2022 to September 2024.
Overall, Hologic Inc's gross profit margin has shown a mixed performance, with fluctuations reflecting the dynamics of its operational efficiency and pricing strategies. Continued monitoring and analysis of the gross profit margin will be essential in assessing the company's profitability and operational effectiveness in the future.
Peer comparison
Sep 30, 2024