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
DateValue
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%