Dentsply Sirona Inc (XRAY)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,958,000 | 2,086,000 | 2,127,000 | 2,361,000 | 1,657,000 |
| Revenue | US$ in thousands | 3,793,000 | 3,965,000 | 3,922,000 | 4,251,000 | 3,342,000 |
| Gross profit margin | 51.62% | 52.61% | 54.23% | 55.54% | 49.58% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,958,000K ÷ $3,793,000K
= 51.62%
Dentsply Sirona Inc's gross profit margin has exhibited fluctuations over the past five years, ranging from 49.58% in December 31, 2020 to 55.54% in December 31, 2021. The trend then saw a slight decrease to 54.23% in December 31, 2022, followed by a further decline to 52.61% in December 31, 2023. The most recent data as of December 31, 2024, shows a gross profit margin of 51.62%.
Overall, it appears that Dentsply Sirona Inc experienced an increase in gross profit margin initially, reaching its peak in 2021, before a subsequent drop in the following years. These fluctuations may be attributed to various factors such as changes in pricing strategies, cost of goods sold, competition, or shifts in consumer demand. Monitoring this metric closely can provide insights into the company's pricing efficiency, production costs, and overall profitability.
Peer comparison
Dec 31, 2024