IRadimed Corp
NASDAQ:IRMD

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IRadimed Corp
NASDAQ:IRMD
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Price: 103.58 USD 2.7% Market Closed
Market Cap: $1.3B

Gross Margin

76.7%
Current
Declining
by 0.1%
vs 3-y average of 76.8%

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
76.7%
=
Gross Profit
$64.3m
/
Revenue
$83.8m

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
76.7%
=
Gross Profit
$64.3m
/
Revenue
$83.8m

Peer Comparison

Country Company Market Cap Gross
Margin
US
IRadimed Corp
NASDAQ:IRMD
1.3B USD
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US
Abbott Laboratories
NYSE:ABT
195.6B USD
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US
Intuitive Surgical Inc
NASDAQ:ISRG
178.9B USD
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US
Stryker Corp
NYSE:SYK
145.2B USD
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IE
Medtronic PLC
NYSE:MDT
124.8B USD
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US
Boston Scientific Corp
NYSE:BSX
110.6B USD
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DE
Siemens Healthineers AG
XETRA:SHL
47.2B EUR
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US
Becton Dickinson and Co
NYSE:BDX
52.7B USD
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US
IDEXX Laboratories Inc
NASDAQ:IDXX
50.9B USD
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US
Edwards Lifesciences Corp
NYSE:EW
46.3B USD
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US
GE Healthcare Technologies Inc
NASDAQ:GEHC
38.3B USD
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Market Distribution

Higher than 86% of companies in the United States of America
Percentile
86th
Based on 12 729 companies
86th percentile
76.7%
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%

IRadimed Corp
Glance View

IRadimed Corp. engages in the development, manufacture, marketing, and distribution of Magnetic Resonance Imaging (MRI) compatible medical devices. The company is headquartered in Winter Springs, Florida and currently employs 110 full-time employees. The company went IPO on 2014-07-16. Its MRidium 3860+ MRI Compatible IV infusion pump system provides non-magnetic Intravenous (IV) infusion pump system that is specifically designed for safe use during MRI procedures. Its MRidium MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor with non-ferrous parts and other special features to deliver anesthesia safely and predictably and other IV medications or fluids during various MRI procedures. Its IRadimed 3880 MRI Compatible patient vital signs monitoring system has been designed with non-magnetic components and other features to monitor a patient’s vital signs safely and accurately during various MRI procedures. The firm sells its products primarily to hospitals and acute care facilities, both in the United States and internationally.

IRMD Intrinsic Value
33.51 USD
Overvaluation 68%
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
76.7%
=
Gross Profit
$64.3m
/
Revenue
$83.8m
What is IRadimed Corp's current Gross Margin?

The current Gross Margin for IRadimed Corp is 76.7%, which is below its 3-year median of 76.8%.

How has Gross Margin changed over time?

Over the last 3 years, IRadimed Corp’s Gross Margin has decreased from 77.4% to 76.7%. During this period, it reached a low of 76.2% on Sep 30, 2023 and a high of 77.4% on Dec 31, 2022.

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