Smith & Nephew (SNNUF) Gross Margin (2009 - 2024)
Smith & Nephew (SNNUF) reported Gross Margin of 69.83% for Q4 2024, down 0.63% quarter-over-quarter from 70.27% in Q4 2022.
Smith & Nephew (SNNUF) Gross Margin (2009 - 2024) Analysis & Trends
Smith & Nephew has reported Gross Margin for 15 years, with the latest figure at 69.83% in Q4 2024.
- For the quarter ending Q4 2024, Gross Margin changed N/A year-over-year to 69.83%; the trailing twelve-month figure through Dec 2024 stood at 74.47% (changed N/A YoY), and the FY2025 full-year result was 68.01%, down 163.0% from the prior year.
- Gross Margin for Q4 2024 stood at 69.83%, down from 70.27% in the prior quarter.
- The five-year high for Gross Margin was 70.27% in Q4 2022, with the low at 68.26% in Q4 2020.
- Historically, Gross Margin has averaged 69.33% across 4 years, with a median of 69.41% in 2021.
- Annual changes were most pronounced in 2020 — Gross Margin sank 567 bps — and 2022, when it surged 128 bps.
- Smith & Nephew's Gross Margin stood at 68.26% in 2020, then increased by 1 bps to 68.99% in 2021, then gained by 2 bps to 70.27% in 2022, then retreated by 1 bps to 69.83% in 2024.
- The last three Gross Margin figures came in at 69.83% (Q4 2024), 70.27% (Q4 2022), and 68.99% (Q4 2021), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 78.01% |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 38.53% |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 62.95% |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 43.89% |
| 10 | Smith & Nephew | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 69.83% |
| Dec 31, 2022 | 70.27% |
| Dec 31, 2021 | 68.99% |
| Dec 31, 2020 | 68.26% |
| Dec 31, 2019 | 73.92% |
| Dec 31, 2018 | 73.24% |
| Dec 31, 2017 | 74.19% |
| Dec 31, 2016 | 72.85% |
| Dec 31, 2015 | 75.09% |
| Dec 31, 2014 | 74.95% |
| Sep 30, 2014 | 74.13% |
| Mar 31, 2014 | 75.26% |
| Dec 31, 2013 | 74.98% |
| Mar 31, 2013 | 75.06% |
| Dec 31, 2012 | 73.07% |
| Jun 30, 2012 | 76.29% |
| Mar 31, 2012 | 73.07% |
| Dec 31, 2011 | 2.28% |
| Sep 30, 2011 | 73.59% |
| Jun 30, 2011 | 73.59% |