Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	1,626,789	840,078	1,241,241	1,776,456	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	1,396,055	1,374,124	1,364,176	1,356,523
Revenue (ttm)	US$ in thousands	2,769,887	2,744,391	2,810,941	3,023,524	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	2,883,673	2,834,526	2,801,916	2,782,761
Gross profit margin		58.73%	30.61%	44.16%	58.75%	60.08%	61.06%	61.72%	62.06%	63.59%	63.00%	61.59%	60.00%	55.78%	51.98%	50.25%	48.36%	48.41%	48.48%	48.69%	48.75%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,626,789K ÷ $2,769,887K
= 58.73%

The gross profit margin of Revvity Inc. has shown fluctuations over the past eight quarters, ranging from a low of 54.31% in Q2 2022 to a high of 64.72% in Q2 2023. The general trend indicates an overall improvement in profitability, with an average gross profit margin of 58.99% over the period. The upward trend from the previous year suggests that the company has been effectively managing its production costs and generating higher revenues from its core operations. However, the recent decrease in Q4 2023 compared to Q3 2023 could indicate a potential decrease in efficiency or an increase in costs that may require further investigation to ensure sustained profitability in the future.