Avanos Medical (AVNS) Gross Margin (2016 - 2025)
Avanos Medical's Gross Margin history spans 11 years, with the latest figure at 54.52% for Q3 2024.
- For Q3 2024, Gross Margin fell 123.0% year-over-year to 54.52%; the TTM value through Sep 2024 reached 55.51%, down 472.0%, while the annual FY2023 figure was 56.39%, 123.0% down from the prior year.
- Gross Margin for Q3 2024 was 54.52% at Avanos Medical, down from 55.68% in the prior quarter.
- Across five years, Gross Margin topped out at 89.39% in Q4 2021 and bottomed at 45.98% in Q2 2021.
- The 5-year median for Gross Margin is 55.68% (2024), against an average of 57.09%.
- The largest annual shift saw Gross Margin soared 4263bps in 2021 before it plummeted -1768bps in 2022.
- A 5-year view of Gross Margin shows it stood at 46.76% in 2020, then soared by 91bps to 89.39% in 2021, then fell by -20bps to 71.71% in 2022, then decreased by -24bps to 54.82% in 2023, then decreased by -1bps to 54.52% in 2024.
- Per Business Quant, the three most recent readings for AVNS's Gross Margin are 54.52% (Q3 2024), 55.68% (Q2 2024), and 57.07% (Q1 2024).