LivaNova PLC (LIVN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 870,873 | 771,250 | 707,228 | 705,994 | 594,763 |
| Revenue | US$ in thousands | 1,223,070 | 1,093,990 | 973,933 | 923,733 | 894,804 |
| Gross profit margin | 71.20% | 70.50% | 72.62% | 76.43% | 66.47% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $870,873K ÷ $1,223,070K
= 71.20%
Based on the provided data, LivaNova PLC's gross profit margin has shown variability over the past five years. The gross profit margin stood at 66.47% as of December 31, 2020, and has demonstrated a positive trend since then, reaching its highest level at 76.43% on December 31, 2021. However, the margin experienced a slight decrease in the subsequent years, with values of 72.62% on December 31, 2022, 70.50% on December 31, 2023, and 71.20% on December 31, 2024.
The increase in the gross profit margin from 2020 to 2021 indicates an improvement in the company's ability to generate profit from its sales. However, the subsequent fluctuations suggest some level of variability in the company's cost structure or pricing strategies in the following years. Overall, despite the fluctuations, the gross profit margin has generally remained at healthy levels, reflecting the company's efficiency in managing its production costs relative to its sales revenue.
Peer comparison
Dec 31, 2024