GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Astellas Pharma Inc (OTCPK:ALPMY) » Definitions » Gross Margin %

Astellas Pharma (Astellas Pharma) Gross Margin % : 82.01% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Astellas Pharma Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Astellas Pharma's Gross Profit for the three months ended in Dec. 2023 was $2,403 Mil. Astellas Pharma's Revenue for the three months ended in Dec. 2023 was $2,930 Mil. Therefore, Astellas Pharma's Gross Margin % for the quarter that ended in Dec. 2023 was 82.01%.


The historical rank and industry rank for Astellas Pharma's Gross Margin % or its related term are showing as below:

ALPMY' s Gross Margin % Range Over the Past 10 Years
Min: 71   Med: 77.51   Max: 81.76
Current: 81.76


During the past 13 years, the highest Gross Margin % of Astellas Pharma was 81.76%. The lowest was 71.00%. And the median was 77.51%.

ALPMY's Gross Margin % is ranked better than
93.43% of 990 companies
in the Drug Manufacturers industry
Industry Median: 46.8 vs ALPMY: 81.76

Astellas Pharma had a gross margin of 82.01% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Astellas Pharma was 1.00% per year.


Astellas Pharma Gross Margin % Historical Data

The historical data trend for Astellas Pharma's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Astellas Pharma Gross Margin % Chart

Astellas Pharma Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.64 78.73 80.31 80.48 81.01

Astellas Pharma Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.50 82.42 81.61 81.02 82.01

Competitive Comparison of Astellas Pharma's Gross Margin %

For the Drug Manufacturers - General subindustry, Astellas Pharma's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Astellas Pharma's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Astellas Pharma's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Astellas Pharma's Gross Margin % falls into.



Astellas Pharma Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Astellas Pharma's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=9204.1 / 11361.441
=(Revenue - Cost of Goods Sold) / Revenue
=(11361.441 - 2157.293) / 11361.441
=81.01 %

Astellas Pharma's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2403.3 / 2930.46
=(Revenue - Cost of Goods Sold) / Revenue
=(2930.46 - 527.13) / 2930.46
=82.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Astellas Pharma  (OTCPK:ALPMY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Astellas Pharma had a gross margin of 82.01% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Astellas Pharma Gross Margin % Related Terms

Thank you for viewing the detailed overview of Astellas Pharma's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Astellas Pharma (Astellas Pharma) Business Description

Traded in Other Exchanges
Address
2-5-1, Nihonbashi-Honcho, Chuo-ku, Tokyo, JPN, 103-8411
Astellas Pharma Inc is a drug manufacturing company that sells pharmaceutical products across the globe. The vast majority of the company's revenue is derived from Japanese markets, followed by the Americas. Royalty income makes up a small percentage of Astellas' overall sales. Its largest therapeutic area by sales composition is oncology, followed by urology and transplantation. The company uses mergers and acquisitions as part of its long-term growth strategy. Astellas enters into strategic partnerships and licensing agreements to strengthen its commercialization platforms.

Astellas Pharma (Astellas Pharma) Headlines