Veru (VERU) Gross Margin (2009 - 2024)
Veru (VERU) reported Gross Margin of 40.37% for fiscal Q4 2024 (quarter ended Sep 30, 2024), up 0.46 percentage points from 39.91% a year earlier and up 6.53 percentage points from the prior quarter.
Veru (VERU) Gross Margin (2009 - 2024) Analysis & Trends
For FY2024 (ended Sep 30, 2024), Veru posted Gross Margin of 34.67%, down 11.76 percentage points from FY2023.
- Gross Margin has declined for three consecutive fiscal years, with a five-year change of -33.43 percentage points (FY2019 to FY2024).
- By fiscal year, Gross Margin came in at 46.43% in FY2023 (-31.31 pp), 77.73% in FY2022 (-0.50 pp), 78.24% in FY2021 (+5.95 pp) and 72.28% in FY2020 (+4.19 pp).
- Five-year quarterly Gross Margin spans a low of 16.40% in fiscal Q2 2024 and a high of 85.78% in fiscal Q2 2022.
- Year over year, Gross Margin gained in three of the last eight quarters, with an average year-over-year change of -14.79 percentage points.
- The high point for year-over-year Gross Margin in five years was fiscal Q1 2024 (a gain of 25.75 percentage points); the low point was fiscal Q4 2022 (a drop of 59.15 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2024 came in at 33.84% (Q3 2024), 16.40% (Q2 2024) and 53.74% (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 83.88% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 75.38% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 72.95% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 88.03% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 73.10% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 81.07% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 75.71% |
| 10 | Veru | 48.87 Mn | -61.41 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 35.32% |
| Jun 30, 2024 | 33.84% |
| Mar 31, 2024 | 16.40% |
| Dec 31, 2023 | 53.74% |
| Sep 30, 2023 | 39.91% |
| Jun 30, 2023 | 36.83% |
| Mar 31, 2023 | 62.13% |
| Dec 31, 2022 | 27.99% |
| Sep 30, 2022 | 19.52% |
| Jun 30, 2022 | 73.61% |
| Mar 31, 2022 | 85.78% |
| Dec 31, 2021 | 83.78% |
| Sep 30, 2021 | 78.67% |
| Jun 30, 2021 | 78.58% |
| Mar 31, 2021 | 81.77% |
| Dec 31, 2020 | 74.14% |
| Sep 30, 2020 | 81.39% |
| Jun 30, 2020 | 63.16% |
| Mar 31, 2020 | 74.79% |
| Dec 31, 2019 | 68.72% |
Veru 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=VERU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VERU", "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=VERU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();