Integer Holdings Corp (ITGR)
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 | 446,282 | 439,742 | 428,730 | 422,001 | 418,289 | 405,949 | 387,111 | 374,204 | 359,006 | 342,956 | 338,110 | 333,959 | 336,970 | 328,313 | 304,374 | 273,491 | 285,707 | 288,528 | 323,981 | 363,102 |
| Revenue (ttm) | US$ in thousands | 1,732,282 | 1,695,936 | 1,669,212 | 1,632,683 | 1,596,673 | 1,555,945 | 1,493,932 | 1,443,969 | 1,376,096 | 1,316,688 | 1,279,582 | 1,241,524 | 1,221,079 | 1,177,023 | 1,107,391 | 1,035,483 | 1,073,442 | 1,130,120 | 1,197,765 | 1,271,844 |
| Gross profit margin | 25.76% | 25.93% | 25.68% | 25.85% | 26.20% | 26.09% | 25.91% | 25.91% | 26.09% | 26.05% | 26.42% | 26.90% | 27.60% | 27.89% | 27.49% | 26.41% | 26.62% | 25.53% | 27.05% | 28.55% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $446,282K ÷ $1,732,282K
= 25.76%
The Gross Profit Margin of Integer Holdings Corp has shown some fluctuations over the past few years, ranging from a low of 25.53% in September 2020 to a high of 28.55% in March 2020. Generally, the company has maintained its gross profit margin in the mid to high 20% range, indicating that it is able to effectively control its cost of goods sold relative to its sales revenue.
Although there have been some variations in the gross profit margin, it appears that Integer Holdings Corp has been able to sustain a relatively stable level of profitability from its core operations. However, it may be beneficial for the company to closely monitor and potentially improve its gross profit margin in order to enhance its overall profitability and efficiency in the future.
Peer comparison
Dec 31, 2024