Dentsply Sirona Inc (XRAY)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,959,000 | 1,039,000 | 1,039,000 | 1,077,000 | 1,090,000 | 2,081,000 | 2,094,000 | 2,125,000 | 2,121,000 | 2,197,000 | 2,280,000 | 2,297,000 | 2,361,000 | 2,339,000 | 2,190,300 | 1,768,400 | 1,657,200 | 1,696,800 | 1,768,500 | 2,133,200 |
| Revenue (ttm) | US$ in thousands | 3,793,000 | 3,900,000 | 3,896,000 | 3,940,000 | 3,965,000 | 3,936,000 | 3,936,000 | 3,931,000 | 3,918,000 | 4,023,000 | 4,145,000 | 4,189,000 | 4,251,000 | 4,245,000 | 4,070,800 | 3,494,400 | 3,341,700 | 3,371,200 | 3,438,500 | 3,957,300 |
| Gross profit margin | 51.65% | 26.64% | 26.67% | 27.34% | 27.49% | 52.87% | 53.20% | 54.06% | 54.13% | 54.61% | 55.01% | 54.83% | 55.54% | 55.10% | 53.81% | 50.61% | 49.59% | 50.33% | 51.43% | 53.91% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,959,000K ÷ $3,793,000K
= 51.65%
The gross profit margin of Dentsply Sirona Inc has experienced fluctuations over the past years, starting at 53.91% in March 2020, showing a declining trend until reaching a low of 26.64% in September 2024. During the period from March 2020 to September 2024, the gross profit margin varied due to changes in the company's cost of goods sold and its revenue generation. There was a significant drop in the gross profit margin from December 31, 2023, to March 31, 2024, which may indicate challenges or issues affecting the company's profitability during that period.
However, there was a notable improvement in the gross profit margin from March 31, 2024, to December 31, 2024, where it increased to 51.65%. This uptrend suggests that the company may have implemented strategies to enhance its operational efficiency, reduce costs, or increase sales revenue, leading to a stronger gross profit margin at the end of 2024. Monitoring the gross profit margin closely is important as it reflects the company's ability to generate profits from its core business operations after accounting for the costs associated with producing goods or services.
Peer comparison
Dec 31, 2024