Revvity Inc. (RVTY)

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 Jul 5, 2020 Apr 5, 2020
Gross profit (ttm) US$ in thousands 1,361,714 1,327,644 1,275,830 1,249,076 1,263,682 476,971 878,134 1,413,349 1,989,830 2,197,298 2,313,114 2,335,540 2,433,987 2,617,255 2,621,840 2,495,041 2,109,877 1,680,993 1,495,823 1,396,272
Revenue (ttm) US$ in thousands 2,755,399 2,792,741 2,753,945 2,745,319 2,747,137 2,721,641 2,788,191 3,000,774 3,311,822 3,598,518 3,748,030 3,763,135 3,827,812 4,154,512 4,257,222 4,158,193 3,782,749 3,233,635 2,976,533 2,887,332
Gross profit margin 49.42% 47.54% 46.33% 45.50% 46.00% 17.53% 31.49% 47.10% 60.08% 61.06% 61.72% 62.06% 63.59% 63.00% 61.59% 60.00% 55.78% 51.98% 50.25% 48.36%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,361,714K ÷ $2,755,399K
= 49.42%

The gross profit margin of Revvity Inc. has exhibited fluctuations over the reported periods, starting at 48.36% on April 5, 2020, and reaching a peak of 63.59% on December 31, 2021. Subsequently, the margin slightly decreased but remained relatively high until June 30, 2022.

However, the margin experienced a decline on a quarterly basis from March 31, 2022, reaching 31.49% on June 30, 2023. This downward trend continued as the margin further dropped to 17.53% on September 30, 2023, before rebounding slightly to 46.00% on December 31, 2023.

Despite the recovery, the gross profit margin remained volatile throughout the following periods, ranging from 45.50% on March 31, 2024, to 49.42% on December 31, 2024. It is evident that the company experienced challenges in maintaining a stable gross profit margin, which may indicate fluctuations in production costs or pricing strategies during the observed periods.