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Meridian Bioscience Inc
NASDAQ:VIVO

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Meridian Bioscience Inc Logo
Meridian Bioscience Inc
NASDAQ:VIVO
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Price: 33.97 USD Market Closed
Updated: May 13, 2024

Gross Margin
Meridian Bioscience Inc

56.6%
Current
61%
Average
47.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
56.6%
=
Gross Profit
188.4m
/
Revenue
333m

Gross Margin Across Competitors

Country US
Market Cap 1.5B USD
Gross Margin
57%
Country JP
Market Cap 6.4T JPY
Gross Margin
86%
Country CH
Market Cap 36.7B CHF
Gross Margin
56%
Country DK
Market Cap 189.9B DKK
Gross Margin
67%
Country US
Market Cap 20.5B USD
Gross Margin
70%
Country US
Market Cap 18.5B USD
Gross Margin
66%
Country KR
Market Cap 12.7T KRW
Gross Margin
-2%
Country CN
Market Cap 60.5B CNY
Gross Margin
74%
Country UK
Market Cap 5.3B GBP
Gross Margin
159%
Country US
Market Cap 5.8B USD
Gross Margin
53%
Country US
Market Cap 5.3B USD
Gross Margin
64%

Profitability Report

View the profitability report to see the full profitability analysis for Meridian Bioscience Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
56.6%
=
Gross Profit
188.4m
/
Revenue
333m
What is the Gross Margin of Meridian Bioscience Inc?

Based on Meridian Bioscience Inc's most recent financial statements, the company has Gross Margin of 56.6%.