Dentsply Sirona Inc (XRAY)
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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 778,000 | 2,081,000 | 2,094,000 | 2,125,000 | 2,127,000 | 2,214,000 | 2,275,000 | 2,289,000 | 2,347,000 | 2,310,000 | 2,173,000 | 1,760,000 | 1,649,000 | 1,692,600 | 1,774,600 | 2,133,400 | 2,165,100 | 2,079,300 | 2,041,400 | 2,053,400 |
| Revenue (ttm) | US$ in thousands | 3,887,000 | 3,905,000 | 3,909,000 | 3,910,000 | 3,908,000 | 4,001,000 | 4,094,000 | 4,137,000 | 4,206,000 | 4,182,500 | 4,036,800 | 3,464,100 | 3,305,500 | 3,337,500 | 3,412,700 | 3,935,800 | 4,015,000 | 3,963,200 | 3,926,400 | 3,957,500 |
| Gross profit margin | 20.02% | 53.29% | 53.57% | 54.35% | 54.43% | 55.34% | 55.57% | 55.33% | 55.80% | 55.23% | 53.83% | 50.81% | 49.89% | 50.71% | 52.00% | 54.20% | 53.93% | 52.47% | 51.99% | 51.89% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $778,000K ÷ $3,887,000K
= 20.02%
The gross profit margin of DENTSPLY Sirona Inc has shown a general decline over the past few quarters, dropping from 54.23% in Q4 2022 to 52.61% in Q4 2023. This trend indicates a decrease in the percentage of revenue retained by the company after accounting for the cost of goods sold. Factors such as changes in production costs, pricing strategies, or competitive pressures may be influencing this downward trajectory. It is worth noting that the gross profit margin fluctuated within a relatively narrow range between 52.61% and 55.03% during the observed period, suggesting that the company has maintained some level of stability in its cost management and pricing strategies despite the overall decline. Further analysis would be needed to determine the specific drivers behind these fluctuations and to assess the impact on the company's overall profitability and competitiveness.
Peer comparison
Dec 31, 2023