Repligen Corporation (RGEN)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | -15,983 | 187,730 | 156,214 | 209,626 | 151,146 |
| Revenue | US$ in thousands | 624,137 | 800,374 | 657,807 | 354,127 | 255,303 |
| Gross profit margin | -2.56% | 23.46% | 23.75% | 59.20% | 59.20% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $-15,983K ÷ $624,137K
= -2.56%
The gross profit margin of Repligen Corp. has exhibited a fluctuating trend over the past five years. It decreased from 55.93% in 2019 to 57.23% in 2020, followed by another decrease to 58.35% in 2021. However, the margin then experienced a more significant drop to 56.85% in 2022 before declining further to 44.59% in 2023. This downward trend in gross profit margin may be indicative of various factors such as changes in production costs, pricing strategies, or sales volume. Further analysis is recommended to identify the specific drivers behind these fluctuations and assess their potential impact on the company's overall financial performance.
Peer comparison
Dec 31, 2023