Novocure Ltd
NASDAQ:NVCR

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Novocure Ltd
NASDAQ:NVCR
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Price: 16.59 USD 2.53% Market Closed
Market Cap: 1.8B USD
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Gross Margin
Novocure Ltd

76.4%
Current
77%
Average
47.3%
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
76.4%
=
Gross Profit
441.5m
/
Revenue
577.7m

Gross Margin Across Competitors

Country JE
Market Cap 1.8B USD
Gross Margin
76%
Country US
Market Cap 204.7B USD
Gross Margin
56%
Country US
Market Cap 180.7B USD
Gross Margin
67%
Country US
Market Cap 139.9B USD
Gross Margin
64%
Country US
Market Cap 124.8B USD
Gross Margin
69%
Country IE
Market Cap 114.5B USD
Gross Margin
66%
Country US
Market Cap 67.7B USD
Gross Margin
45%
Country DE
Market Cap 53.6B EUR
Gross Margin
38%
Country CN
Market Cap 338.5B CNY
Gross Margin
65%
Country US
Market Cap 40B USD
Gross Margin
79%
Country US
Market Cap 39.7B USD
Gross Margin
41%

Profitability Report

View the profitability report to see the full profitability analysis for Novocure Ltd.

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
76.4%
=
Gross Profit
441.5m
/
Revenue
577.7m
What is the Gross Margin of Novocure Ltd?

Based on Novocure Ltd's most recent financial statements, the company has Gross Margin of 76.4%.