GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ultragenyx Pharmaceutical Inc (FRA:UP0) » Definitions » Gross Margin %

Ultragenyx Pharmaceutical (FRA:UP0) Gross Margin % : 84.93% (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Ultragenyx Pharmaceutical Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ultragenyx Pharmaceutical's Gross Profit for the three months ended in Sep. 2024 was €106.7 Mil. Ultragenyx Pharmaceutical's Revenue for the three months ended in Sep. 2024 was €125.7 Mil. Therefore, Ultragenyx Pharmaceutical's Gross Margin % for the quarter that ended in Sep. 2024 was 84.93%.

Warning Sign:

Ultragenyx Pharmaceutical Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

FRA:UP0' s Gross Margin % Range Over the Past 10 Years
Min: 86.25   Med: 95.44   Max: 99.96
Current: 86.25


During the past 13 years, the highest Gross Margin % of Ultragenyx Pharmaceutical was 99.96%. The lowest was 86.25%. And the median was 95.44%.

FRA:UP0's Gross Margin % is ranked better than
82.06% of 747 companies
in the Biotechnology industry
Industry Median: 60.58 vs FRA:UP0: 86.25

Ultragenyx Pharmaceutical had a gross margin of 84.93% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ultragenyx Pharmaceutical was -1.20% per year.


Ultragenyx Pharmaceutical Gross Margin % Historical Data

The historical data trend for Ultragenyx Pharmaceutical'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.

Ultragenyx Pharmaceutical Gross Margin % Chart

Ultragenyx Pharmaceutical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.31 97.74 95.44 92.21 89.59

Ultragenyx Pharmaceutical Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 88.79 90.54 83.89 85.53 84.93

Competitive Comparison of Ultragenyx Pharmaceutical's Gross Margin %

For the Biotechnology subindustry, Ultragenyx Pharmaceutical'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.


Ultragenyx Pharmaceutical's Gross Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ultragenyx Pharmaceutical's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ultragenyx Pharmaceutical's Gross Margin % falls into.



Ultragenyx Pharmaceutical Gross Margin % Calculation

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

Ultragenyx Pharmaceutical's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=356.8 / 398.206
=(Revenue - Cost of Goods Sold) / Revenue
=(398.206 - 41.456) / 398.206
=89.59 %

Ultragenyx Pharmaceutical's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=106.7 / 125.684
=(Revenue - Cost of Goods Sold) / Revenue
=(125.684 - 18.94) / 125.684
=84.93 %

* 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.


Ultragenyx Pharmaceutical  (FRA:UP0) 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

Ultragenyx Pharmaceutical had a gross margin of 84.93% for the quarter that ended in Sep. 2024 => 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.


Ultragenyx Pharmaceutical Gross Margin % Related Terms

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


Ultragenyx Pharmaceutical Business Description

Traded in Other Exchanges
Address
60 Leveroni Court, Novato, CA, USA, 94949
Ultragenyx Pharmaceutical Inc is a USA-based biopharmaceutical company. It identifies, acquires, develops, and commercializes novel products for the treatment of serious rare and ultra-rare diseases, with a focus on serious, debilitating genetic diseases. The company's medicine portfolio includes Crysvita, Dojolvi, and Mepsevii. Crysvita is indicated for the treatment of X-linked hypophosphatemia (XLH) in adult and pediatric patients 1 year of age and older. Mepsevii is indicated in pediatric and adult patients for the treatment of Mucopolysaccharidosis VII.

Ultragenyx Pharmaceutical Headlines

No Headlines