Gross Margin % is calculated as gross profit divided by its revenue. Dentsply Sirona's Gross Profit for the
three
months ended in Dec. 2023 was $522 Mil. Dentsply Sirona's Revenue for the
three
months ended in Dec. 2023 was $1,012 Mil. Therefore, Dentsply Sirona's Gross Margin % for the quarter that ended in Dec. 2023 was 51.58%.
The historical rank and industry rank for Dentsply Sirona's Gross Margin % or its related term are showing as below:
XRAY'
s Gross Margin % Range Over the Past 10 Years
Min: 49.6 Med: 54.02 Max: 56.73
Current: 52.61
During the past 13 years, the highestGross Margin % of Dentsply Sirona was 56.73%. The lowest was 49.60%. And the median was 54.02%.
XRAY's Gross Margin % is ranked worse than 51.51% of 796
companies
in the Medical Devices & Instruments industry
Industry Median: 53.54
vs XRAY: 52.61
Dentsply Sirona had a gross margin of 51.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Dentsply Sirona was 0.60% per year.
Dentsply Sirona Gross Margin % Historical Data
The historical data trend for Dentsply Sirona'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.
Competitive Comparison of Dentsply Sirona's Gross Margin %
For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.
Dentsply Sirona's Gross Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Dentsply Sirona's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Dentsply Sirona's Gross Margin % falls into.
* 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.
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
Dentsply Sirona had a gross margin of 51.58% 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.
Dentsply Sirona Gross Margin % Related Terms
Thank you for viewing the detailed overview of Dentsply Sirona's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dentsply Sirona (Dentsply Sirona) Business Description
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).
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