AtriCure Inc
NASDAQ:ATRC

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AtriCure Inc
NASDAQ:ATRC
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Price: 30.44 USD 1.98% Market Closed
Market Cap: $1.5B

Gross Margin

75%
Current
Improving
by 0.1%
vs 3-y average of 74.9%

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
75%
=
Gross Profit
$400.8m
/
Revenue
$534.5m

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
75%
=
Gross Profit
$400.8m
/
Revenue
$534.5m

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

Higher than 85% of companies in the United States of America
Percentile
85th
Based on 12 729 companies
85th percentile
75%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

AtriCure Inc
Glance View

Market Cap
1.5B USD
Industry
Health Care

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.

ATRC Intrinsic Value
HIDDEN
Show
What is 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.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
75%
=
Gross Profit
$400.8m
/
Revenue
$534.5m
What is AtriCure Inc's current Gross Margin?

The current Gross Margin for AtriCure Inc is 75%, which is above its 3-year median of 74.9%.

How has Gross Margin changed over time?

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.

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