Revvity Inc. (RVTY)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,362,300 | 1,267,120 | 1,989,830 | 2,433,990 | 2,109,880 |
| Revenue | US$ in thousands | 2,756,080 | 2,750,570 | 3,311,820 | 3,827,810 | 3,782,740 |
| Gross profit margin | 49.43% | 46.07% | 60.08% | 63.59% | 55.78% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,362,300K ÷ $2,756,080K
= 49.43%
The gross profit margin trend of Revvity Inc. shows variability over the years. Starting at 55.78% on December 31, 2020, the margin increased to 63.59% on December 31, 2021, indicating improved efficiency in generating profits from sales. However, there was a slight decline to 60.08% on December 31, 2022, which may be attributed to changes in costs or pricing strategies.
Subsequently, on December 31, 2023, the gross profit margin dropped significantly to 46.07%, suggesting possible challenges in managing production costs or pricing structures. Despite this decline, there was a modest recovery to 49.43% on December 31, 2024.
Overall, it is essential for Revvity Inc. to closely monitor and analyze the factors influencing these fluctuations in the gross profit margin to sustain profitability and make informed strategic decisions.
Peer comparison
Dec 31, 2024