ICON PLC
NASDAQ:ICLR
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Gross Margin
ICON PLC
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 Across Competitors
Country | IE |
Market Cap | 17.5B USD |
Gross Margin |
30%
|
Country | US |
Market Cap | 1.3T USD |
Gross Margin |
55%
|
Country | US |
Market Cap | 196.2B USD |
Gross Margin |
41%
|
Country | US |
Market Cap | 170.9B USD |
Gross Margin |
60%
|
Country | KR |
Market Cap | 67.8T KRW |
Gross Margin |
49%
|
Country | CH |
Market Cap | 38.5B CHF |
Gross Margin |
29%
|
Country | US |
Market Cap | 38.6B USD |
Gross Margin |
55%
|
Country | US |
Market Cap | 36.5B USD |
Gross Margin |
35%
|
Country | US |
Market Cap | 26.7B USD |
Gross Margin |
59%
|
Country | US |
Market Cap | 23.2B USD |
Gross Margin |
35%
|
Country | US |
Market Cap | 23B USD |
Gross Margin |
60%
|
ICON PLC
Glance View
ICON PLC, a leading global provider of outsourced development and commercialization services to the pharmaceutical, biotechnology, and medical device industries, has carved a niche for itself in the critical world of clinical research. Founded in 1990 and headquartered in Dublin, Ireland, ICON PLC combines innovative technologies with deep industry expertise to assist clients at every stage of their product development journey. As the demand for faster and more efficient drug development grows, ICON's comprehensive service offerings—including clinical trial management, analytics, and regulatory consulting—position the company as a vital partner for organizations aiming to bring new therapies to market. With a keen focus on improving patient outcomes and ensuring high-quality results, ICON has built a reputation for operational excellence and customer satisfaction. For investors, ICON PLC represents a compelling opportunity in the booming healthcare sector. Its robust financial performance, characterized by consistent revenue growth and healthy profit margins, reflects its capacity to adapt to the evolving landscape of clinical research. Moreover, the company’s strategic acquisitions and investments in cutting-edge technology underscore its commitment to remaining at the forefront of industry advancements. As ICON continues to expand its global footprint and leverage its extensive expertise, it stands to benefit from the rising demand for clinical services and the increasing complexity of modern drug development. With a strong management team and a clear vision for the future, ICON PLC is well-positioned to deliver sustainable value to its shareholders.
See Also
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.
Based on ICON PLC's most recent financial statements, the company has Gross Margin of 29.7%.