Integer Holdings Corp (ITGR)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 459,014 | 418,289 | 359,006 | 336,970 | 285,707 |
| Revenue | US$ in thousands | 1,716,600 | 1,596,670 | 1,376,100 | 1,221,080 | 1,073,440 |
| Gross profit margin | 26.74% | 26.20% | 26.09% | 27.60% | 26.62% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $459,014K ÷ $1,716,600K
= 26.74%
Integer Holdings Corp's gross profit margin has shown fluctuations over the past five years. The trend indicates a slight improvement from 26.62% in December 2020 to 27.60% in December 2021, before a decline to 26.09% in December 2022. Subsequently, there was a marginal increase to 26.20% in December 2023, followed by a more noticeable rise to 26.74% in December 2024. Overall, the company's gross profit margin has demonstrated variability, with efforts to enhance profitability evident in certain periods. Further analysis of the underlying factors driving these fluctuations could provide insights into Integer Holdings Corp's operational efficiency and pricing strategies.
Peer comparison
Dec 31, 2024