Varian Medical Systems Profit margin
What is the Profit margin of Varian Medical Systems?
The Profit margin of Varian Medical Systems, Inc. is 8.90%
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 NYSE compared to Varian Medical Systems
Companies with profit margin similar to Varian Medical Systems
- Shenzhen Transsion Co has Profit margin of 8.89%
- Sony has Profit margin of 8.89%
- EPAM Systems Inc has Profit margin of 8.89%
- Titan Biotech has Profit margin of 8.89%
- Welspun Enterprises has Profit margin of 8.90%
- Sheela Foam has Profit margin of 8.90%
- Varian Medical Systems has Profit margin of 8.90%
- Varian Medical Systems has Profit margin of 8.90%
- Sino Biopharmaceutical has Profit margin of 8.90%
- MTY Food has Profit margin of 8.90%
- Rentokil Initial Plc has Profit margin of 8.90%
- PPL Corp has Profit margin of 8.90%
- MDU Resources Inc has Profit margin of 8.90%