Lantheus Holdings Inc (LNTH)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	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	174,811	174,091	177,387	176,660
Revenue (ttm)	US$ in thousands	1,276,389	1,187,351	1,109,989	1,015,127	927,032	795,018	657,874	534,885	418,071	381,423	366,815	331,865	329,671	327,749	325,304	339,127	332,643	342,560	343,779	346,682
Gross profit margin		55.59%	54.48%	53.54%	52.18%	62.75%	59.43%	55.89%	51.55%	44.90%	44.16%	44.17%	42.72%	42.09%	44.14%	46.11%	49.75%	52.55%	50.82%	51.60%	50.96%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $709,543K ÷ $1,276,389K
= 55.59%

Lantheus Holdings Inc's gross profit margin has shown variability over the past eight quarters, with values ranging from a low of 50.91% in Q1 2022 to a high of 62.21% in Q4 2022. The trend indicates fluctuations in the company's ability to generate profits from its production or sales activities over this period. The recent trend has seen a gradual decrease in the gross profit margin, from 54.73% in Q4 2023 to 51.58% in Q1 2023. This may suggest challenges in maintaining profitability or controlling production costs. Further analysis and comparison with industry standards or competitors' performance could provide deeper insights into Lantheus Holdings Inc's operational efficiency and competitive position.