AtriCure Inc
NASDAQ:ATRC
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
AtriCure Inc
NASDAQ:ATRC
|
1.5B USD |
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|
| US |
|
Abbott Laboratories
NYSE:ABT
|
190.9B USD |
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|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
171.7B USD |
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|
|
| US |
|
Stryker Corp
NYSE:SYK
|
133.7B USD |
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|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
113.2B USD |
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|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
103.5B USD |
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|
|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
43.2B EUR |
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|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
48.5B USD |
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|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
46.7B USD |
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|
|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
45.6B USD |
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|
|
| US |
|
Resmed Inc
NYSE:RMD
|
33.6B USD |
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Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
AtriCure Inc
Glance View
Nestled in the heart of the highly competitive medical device industry, AtriCure Inc. has carved a significant niche for itself by focusing on the surgical treatment of atrial fibrillation, a common and potentially serious heart rhythm disorder. Founded in 2000 and headquartered in Mason, Ohio, AtriCure designs, manufactures, and sells an array of surgical devices aimed at improving treatment outcomes for this condition. The company’s innovative technology targets the complex network of electrical signals in the heart to restore regular rhythm and mitigate the risk of stroke—a common consequence of untreated atrial fibrillation. By providing surgeons with minimally invasive tools and advanced cryoablation and radiofrequency therapy systems, AtriCure not only addresses surgical efficiency but also enhances patient recovery times, distinguishing itself from its competitors. AtriCure derives its revenue from the sale of these sophisticated products directly to hospitals and surgical centers both in the United States and internationally. Key components of its portfolio include the Synergy Ablation System, which is acclaimed for its precision in creating lesions that block erratic electrical pathways, and AtriClip, a line of devices designed to occlude the left atrial appendage, thereby reducing stroke risk. As healthcare providers increasingly recognize the benefits of surgical intervention for atrial fibrillation over alternative treatments, AtriCure's financial health is buoyed by the rising adoption of its products. The company's strategic focus on expanding its product pipeline and enhancing its global sales footprint underscores its commitment to continuous growth and innovation in cardiac care.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for AtriCure Inc is 75%, which is above its 3-year median of 74.9%.
Over the last 3 years, AtriCure Inc’s Gross Margin has increased from 74.4% to 75%. During this period, it reached a low of 74.4% on Dec 31, 2022 and a high of 75.3% on Mar 31, 2024.