Palatin Technologies (PTN) Gross Margin (2019 - 2024)
Palatin Technologies (PTN) posted Gross Margin of 100.00% for fiscal Q4 2024 (quarter ended Jun 30, 2024), up 5.90 percentage points from 94.10% a year earlier.
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Analysis
Palatin Technologies (PTN) Gross Margin (2019 - 2024) Analysis & Trends
For FY2024 (ended Jun 30, 2024), Palatin Technologies' Gross Margin came in at 97.83%, up 6.45 percentage points from FY2023.
- Annual Gross Margin has increased for three consecutive fiscal years, though with a four-year change of -2.17 percentage points (FY2020 to FY2024).
- In prior fiscal years, Palatin Technologies' Gross Margin was 91.38% in FY2023 (+6.19 pp), 85.19% in FY2022 (+37.37 pp), 47.81% in FY2021 (-52.19 pp) and 100.00% in FY2020.
- On a year-over-year basis, Gross Margin increased in six of the last seven quarters, with an average year-over-year change of +8.62 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q3 2022, with a gain of 40.77 percentage points; the weakest was fiscal Q1 2022, with a drop of 25.08 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,165.22 Bn | 1,133.81 Bn | 19.71 Bn | 85.78% |
| 2 | Johnson & Johnson | 646.28 Bn | 566.14 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 503.17 Bn | 476.28 Bn | 12.70 Bn | 74.74% |
| 4 | Merck | 365.23 Bn | 319.60 Bn | 12.21 Bn | 73.54% |
| 5 | Novartis Ag | 302.66 Bn | 266.65 Bn | 11.24 Bn | 78.02% |
| 6 | Astrazeneca | 267.39 Bn | 241.08 Bn | 12.86 Bn | 83.60% |
| 7 | Amgen | 241.61 Bn | 197.01 Bn | 7.24 Bn | 72.04% |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn | 79.76% |
| 9 | Pfizer | 172.91 Bn | 119.55 Bn | 10.94 Bn | 72.78% |
| 10 | Palatin Technologies | 15.69 Mn | -17.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 100.00% |
| Dec 31, 2023 | 95.20% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | 94.10% |
| Mar 31, 2023 | 89.19% |
| Dec 31, 2022 | 90.38% |
| Sep 30, 2022 | 90.05% |
| Jun 30, 2022 | 88.65% |
| Mar 31, 2022 | 78.29% |
| Dec 31, 2021 | 90.94% |
| Sep 30, 2021 | 66.18% |
| Mar 31, 2021 | 37.53% |
| Dec 31, 2020 | 82.07% |
| Sep 30, 2020 | 91.27% |
| Dec 31, 2019 | 100.00% |
| Sep 30, 2019 | 100.00% |
API Access
Palatin Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();