Abiomed Profit margin
What is the Profit margin of Abiomed?
The Profit margin of Abiomed Inc. is 24.84%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Health Care sector on NASDAQ compared to Abiomed
What does Abiomed do?
Abiomed Europe GmbH, Aachen / Germany, as affiliate of Abiomed Inc. headquartered in Danvers, Massachusetts, USA, is a leading medical technology company in the field of circulatory support. Its products aim to enable heart recovery by improving blood circulation and/or heart pump function.
Companies with profit margin similar to Abiomed
- Paisalo Digital has Profit margin of 24.81%
- Capital One has Profit margin of 24.81%
- Apollo Healthcare has Profit margin of 24.83%
- Apollo Healthcare has Profit margin of 24.83%
- Acasta Enterprises has Profit margin of 24.83%
- Deutsche EuroShop AG has Profit margin of 24.84%
- Abiomed has Profit margin of 24.84%
- Ban Loong has Profit margin of 24.84%
- Sahara Housingfina has Profit margin of 24.84%
- Univest Corp has Profit margin of 24.86%
- StarPower Semiconductor has Profit margin of 24.86%
- Umpqua Corp has Profit margin of 24.86%
- Nedbank has Profit margin of 24.86%