Lantheus Holdings Inc (LNTH)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	988,291	709,543	581,703	187,695	138,761
Revenue	US$ in thousands	1,533,910	1,296,430	935,061	425,208	339,410
Gross profit margin		64.43%	54.73%	62.21%	44.14%	40.88%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $988,291K ÷ $1,533,910K
= 64.43%

The gross profit margin of Lantheus Holdings Inc has shown a positive trend over the years. Starting at 40.88% on December 31, 2020, it increased to 44.14% by December 31, 2021, indicating an improvement in the company's ability to generate profits from its core operations. Subsequently, the margin experienced a significant jump to 62.21% by December 31, 2022, showcasing a substantial increase in efficiency and profitability.

However, there was a slight dip in the margin to 54.73% by December 31, 2023, which could be attributed to various factors such as changes in input costs or pricing strategies. Nevertheless, by December 31, 2024, the gross profit margin bounced back strongly, reaching 64.43%, representing a robust performance in generating profits relative to the cost of goods sold. This positive trajectory indicates the company's ability to effectively manage production costs and pricing strategies to enhance profitability.