Soligenix (SNGX) Gross Margin (2010 - 2023)
Soligenix (SNGX) recorded Gross Margin of 9.50% in Q4 2023, down 53.38 percentage points from 62.89% a year earlier and down 5.83 percentage points from the prior quarter.
Soligenix (SNGX) Gross Margin (2010 - 2023) Analysis & Trends
For FY2023, Soligenix reported Gross Margin of 11.59%, down 30.36 percentage points from FY2022.
- Annual Gross Margin has a five-year change of -0.69 percentage points (FY2018 to FY2023).
- Across earlier years, Gross Margin came in at 41.95% in FY2022 (+30.35 pp), 11.60% in FY2021 (-11.22 pp), 22.82% in FY2020 (-0.13 pp) and 22.95% in FY2019 (+10.67 pp).
- The Q4 2023 figure is the lowest quarterly Gross Margin since Q2 2021.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of +0.10 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 48.39 percentage points in Q4 2022, against a drop of 53.38 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.33% (Q3 2023), 11.07% (Q2 2023) and 12.11% (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 85.33% |
| 10 | Soligenix | 6.06 Mn | 6.06 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 9.50% |
| Sep 30, 2023 | 15.33% |
| Jun 30, 2023 | 11.07% |
| Mar 31, 2023 | 12.11% |
| Dec 31, 2022 | 62.89% |
| Sep 30, 2022 | 22.09% |
| Jun 30, 2022 | 15.45% |
| Mar 31, 2022 | 50.97% |
| Dec 31, 2021 | 14.49% |
| Sep 30, 2021 | 10.71% |
| Jun 30, 2021 | 4.89% |
| Mar 31, 2021 | 17.10% |
| Dec 31, 2020 | 24.73% |
| Sep 30, 2020 | 36.49% |
| Jun 30, 2020 | 28.09% |
| Mar 31, 2020 | 10.28% |
| Dec 31, 2019 | 14.31% |
| Sep 30, 2019 | 23.07% |
| Jun 30, 2019 | 29.65% |
| Mar 31, 2019 | 18.94% |
Soligenix 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=SNGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SNGX", "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=SNGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();