Lantheus Holdings Inc (LNTH)

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	998,223	979,547	937,372	884,245	709,543	646,845	594,327	529,709	581,703	472,440	367,676	275,735	187,695	168,438	162,029	141,789	138,761	144,675	150,004	168,729
Revenue (ttm)	US$ in thousands	1,533,910	1,496,799	1,438,011	1,365,620	1,296,429	1,205,596	1,124,942	1,026,965	935,061	801,457	664,238	541,579	425,208	389,798	376,269	341,215	339,410	334,604	331,836	351,531
Gross profit margin		65.08%	65.44%	65.19%	64.75%	54.73%	53.65%	52.83%	51.58%	62.21%	58.95%	55.35%	50.91%	44.14%	43.21%	43.06%	41.55%	40.88%	43.24%	45.20%	48.00%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $998,223K ÷ $1,533,910K
= 65.08%

The gross profit margin of Lantheus Holdings Inc has shown variations over the past few years. Starting at 48.00% in March 2020, the margin decreased to 40.88% by December 2020, before gradually recovering to 65.08% by December 2024. The trend appears to be improving overall, with some fluctuations along the way. The company managed to significantly increase its gross profit margins from the end of 2022 into 2024, reaching a high of 65.44% in September 2024, indicating better efficiency in managing production costs and sales prices. The ability to maintain or increase gross profit margins over time is crucial for the company's profitability and sustainability in the long run.