RedHill Biopharma (RDHL) Gross Margin (2014 - 2023)
RedHill Biopharma's (RDHL) quarterly Gross Margin came in at 55.12% in Q2 2023, up 415.0% year-on-year from 10.7% in Q2 2022, and little changed on a QoQ basis from 55.21% in Q1 2023.
RedHill Biopharma (RDHL) Gross Margin (2014 - 2023) Analysis & Trends
RedHill Biopharma (RDHL) has 9 years of Gross Margin data on file, last reported at 55.12% in Q2 2023.
- On a quarterly basis, Gross Margin rose 415.0% year-over-year to 55.12% in Q2 2023; TTM through Jun 2023 was 42.74%, a 111.0% increase from a year earlier, with the FY2025 full-year figure at 1927.62%, up 186732.0% from the prior year.
- Gross Margin for Q2 2023 stood at 55.12%, roughly flat from 55.21% in the prior quarter.
- Over the last five years, Gross Margin for RDHL reached as high as 75.99% in Q1 2019 and fell as low as 62.41% in Q1 2020.
- Historically, Gross Margin has averaged 43.77% across 5 years, with a median of 50.7% in 2020.
- Across the five-year window, Gross Margin plunged 13840 bps in 2020 and jumped 11257 bps in 2021, its largest moves.
- Year by year, Gross Margin stood at 50.44% in 2019, then declined by 0 bps to 50.37% in 2020, then plunged by 75 bps to 12.4% in 2021, then soared by 165 bps to 32.82% in 2022, then soared by 68 bps to 55.12% in 2023.
- Per Business Quant data, the three most recent Gross Margin figures were 55.12% in Q2 2023, 55.21% in Q1 2023, and 32.82% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 49.52% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 71.66% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 62.93% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 82.93% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 32.97% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 98.31% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 57.26% |
| 10 | RedHill Biopharma | 640,064.98 | 640,064.98 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 55.12% |
| Mar 31, 2023 | 55.21% |
| Dec 31, 2022 | 32.82% |
| Sep 30, 2022 | 46.15% |
| Jun 30, 2022 | 50.97% |
| Mar 31, 2022 | 51.98% |
| Dec 31, 2021 | 12.40% |
| Sep 30, 2021 | 57.29% |
| Jun 30, 2021 | 50.75% |
| Mar 31, 2021 | 50.17% |
| Dec 31, 2020 | 50.37% |
| Sep 30, 2020 | 50.64% |
| Jun 30, 2020 | 32.11% |
| Mar 31, 2020 | -62.41% |
| Dec 31, 2019 | 50.44% |
| Sep 30, 2019 | 55.10% |
| Jun 30, 2019 | 72.81% |
| Mar 31, 2019 | 75.99% |
| Dec 31, 2018 | 57.03% |
| Sep 30, 2018 | 72.89% |