Silk Road Medical Inc
NASDAQ:SILK

Watchlist Manager
Silk Road Medical Inc Logo
Silk Road Medical Inc
NASDAQ:SILK
Watchlist
Price: 27.49 USD Market Closed
Market Cap: $1.1B

Gross Margin

74.3%
Current
Improving
by 1.8%
vs 3-y average of 72.5%

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
74.3%
=
Gross Profit
$142.2m
/
Revenue
$191.4m

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
74.3%
=
Gross Profit
$142.2m
/
Revenue
$191.4m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Silk Road Medical Inc
NASDAQ:SILK
1.1B USD
Loading...
US
Medline Inc
NASDAQ:MDLN
62.5B USD
Loading...
JP
Hoya Corp
TSE:7741
9.3T JPY
Loading...
CH
Alcon AG
SIX:ALC
31.8B CHF
Loading...
DK
Coloplast A/S
CSE:COLO B
108.5B DKK
Loading...
US
Align Technology Inc
NASDAQ:ALGN
13.7B USD
Loading...
UK
ConvaTec Group PLC
LSE:CTEC
4.7B GBP
Loading...
CA
Bausch + Lomb Corp
NYSE:BLCO
6.3B USD
Loading...
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
40.9B CNY
Loading...
CH
Ypsomed Holding AG
SIX:YPSN
4.1B CHF
Loading...
JP
Asahi Intecc Co Ltd
TSE:7747
790.8B JPY
Loading...

Market Distribution

Higher than 84% of companies in the United States of America
Percentile
84rd
Based on 12 729 companies
84rd percentile
74.3%
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%

Silk Road Medical Inc
Glance View

Market Cap
1.1B USD
Industry
Health Care

In the often complex maze of the medical device industry, Silk Road Medical Inc. has carved a distinctive path by addressing a significant healthcare need—reducing the risks associated with carotid artery disease, a major cause of stroke. Founded with a vision of minimizing the invasiveness of medical procedures, this California-based company has innovated a novel approach known as Transcarotid Artery Revascularization (TCAR). Unlike traditional methods, TCAR allows physicians to directly access the carotid artery through a small incision at the neckline. By temporarily reversing blood flow, it prevents any dislodged plaque from traveling to the brain during the procedure. This surgery can be completed in a fraction of the time typically required, providing a crucial advantage in terms of patient safety and recovery. Silk Road Medical's business model thrives on the production and sale of the specialized instruments that enable this innovative procedure. The company generates revenue primarily through the sale of these proprietary devices, which are designed to be used in conjunction with TCAR surgeries conducted by trained vascular surgeons. Their product line, which includes devices like the ENROUTE Transcarotid Neuroprotection System and the ENROUTE Transcarotid Stent System, is at the heart of their financial success. By offering a solution that blends safety, efficacy, and hospital efficiency, Silk Road Medical not only meets a medical demand but also strategically positions itself in a niche market, capitalizing on the growing adoption of minimally invasive techniques across healthcare systems worldwide.

SILK Intrinsic Value
20.84 USD
Overvaluation 24%
Intrinsic Value
Price
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
74.3%
=
Gross Profit
$142.2m
/
Revenue
$191.4m
What is Silk Road Medical Inc's current Gross Margin?

The current Gross Margin for Silk Road Medical Inc is 74.3%, which is above its 3-year median of 72.5%.

How has Gross Margin changed over time?

Over the last 3 years, Silk Road Medical Inc’s Gross Margin has decreased from 74.6% to 74.3%. During this period, it reached a low of 71.4% on Sep 30, 2023 and a high of 75.2% on Sep 30, 2021.

Back to Top