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TARO Gross Margin

Annual Gross Margin

48.47%
+1.64%+3.50%

March 31, 2024

Summary

Performance

1-Year Change

+3.5%

3-Year Change

-10.31%

5-Year Change

-27.16%

15-Year Change

-36.5%

TARO Gross Margin Chart

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High & Low

All-time High

81.93%
TARO annual gross profit margin is currently -40.84% below its historical high of 81.93%

3-Year Low

46.83%
TARO annual gross profit margin is currently +3.50% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Mar 31, 2024
TARO previous annual earnings announcement was published on Mar 31, 2024

Next Annual Earnings Report Date

N/A
TARO next annual earnings announcement has not yet been scheduled

OtherTAROprofitabilitymetrics:

Annual Revenue

$629.18 M
TARO annual revenue is $629.18 million

Annual Gross Profit

$304.96 M
TARO annual gross profit is $304.96 million

Annual Operating Margin

3.41%
TARO annual operating profit margin is 3.41%

Annual Net Margin

8.56%
TARO annual net profit margin is 8.56%

Quarterly Gross Margin

52.98%
+2.15%+4.23%

March 31, 2024

Summary

Performance

3-Month Change

+4.23%

1-Year Change

+4.23%

3-Year Change

+2.16%

5-Year Change

-16.88%

TARO Quarterly Gross Margin Chart

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High & Low

All-time High

84.59%
TARO quarterly gross profit margin is currently -37.37% below its historical high of 84.59%

3-Year Low

35.99%
TARO quarterly gross profit margin is currently +47.21% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Mar 31, 2024
TARO previous earnings announcement was published on Mar 31, 2024

Next Quarterly Earnings Report Date

N/A
TARO next earnings announcement has not yet been scheduled

OtherTAROprofitabilitymetrics:

Quarterly Revenue

$164.94 M
TARO quarterly revenue is $164.94 million

Quarterly Gross Profit

$87.39 M
TARO quarterly gross profit is $87.39 million

Quarterly Operating Margin

5.33%
TARO quarterly operating profit margin is 5.33%

Quarterly Net Margin

9.14%
TARO quarterly net profit margin is 9.14%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

48.47%
TARO annual gross profit margin is 48.47%

Annual Gross Profit

$304.96 M
TARO annual gross profit is $304.96 million

Annual Revenue

$629.18 M
TARO annual revenue is $629.18 million

TARO Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+3.5%+4.2%
3 y3 years-10.3%+2.2%
5 y5 years-27.2%-16.9%

TARO Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-10.3%-3.4%-3.2%-32.1%
5 y5-year-27.2%-3.4%-16.9%-32.1%
alltimeall time-40.8%-15.8%-37.4%-32.1%

Taro Pharmaceutical Industries Gross Margin History

DateAnnualQuarterly
Mar 2024
48.47%(+3.5%)
52.98%(+4.2%)
Dec 2023
-
50.83%(+2.4%)
Sep 2023
-
49.66%(+23.1%)
Jun 2023
-
40.33%(-21.9%)
Mar 2023
46.83%(-10.3%)
51.65%(+12.3%)
Dec 2022
-
46.01%(+27.8%)
Sep 2022
-
35.99%(-30.9%)
Jun 2022
-
52.09%(-3.5%)
Mar 2022
52.22%(-3.4%)
53.99%(-1.3%)
Dec 2021
-
54.71%(+16.4%)
Sep 2021
-
47.01%(-11.0%)
Jun 2021
-
52.82%(+1.9%)
Mar 2021
54.04%(-12.8%)
51.86%(-0.7%)
Dec 2020
-
52.22%(-8.6%)
Sep 2020
-
57.12%(+3.5%)
Jun 2020
-
55.21%(-5.6%)
Mar 2020
62.00%(-6.8%)
58.46%(-8.3%)
Dec 2019
-
63.74%(+0.9%)
Sep 2019
-
63.17%(+0.2%)
Jun 2019
-
63.07%(-5.1%)
Mar 2019
66.54%(-5.0%)
66.44%(-0.3%)
Dec 2018
-
66.64%(-2.4%)
Sep 2018
-
68.29%(+5.5%)
Jun 2018
-
64.73%(-4.6%)
Mar 2018
70.03%(-8.3%)
67.88%(+2.5%)
Dec 2017
-
66.20%(-10.1%)
Sep 2017
-
73.64%(+1.9%)
Jun 2017
-
72.24%(-1.4%)
Mar 2017
76.33%(-6.8%)
73.23%(-3.6%)
Dec 2016
-
75.93%(-2.0%)
Sep 2016
-
77.49%(-0.9%)
Jun 2016
-
78.19%(-7.6%)
Mar 2016
81.93%(+4.5%)
84.59%(+2.0%)
Dec 2015
-
82.90%(+4.2%)
Sep 2015
-
79.58%(-0.3%)
Jun 2015
-
79.81%(-2.4%)
Mar 2015
78.40%(+2.6%)
81.76%(+0.4%)
Dec 2014
-
81.40%(+3.1%)
Sep 2014
-
78.97%(+20.5%)
Jun 2014
-
65.55%(-13.2%)
Mar 2014
76.39%(+3.6%)
75.52%(-6.5%)
Dec 2013
-
80.74%(+4.0%)
Sep 2013
-
77.67%(+11.5%)
Jun 2013
-
69.66%(-3.7%)
Mar 2013
73.75%(+7.9%)
72.35%(-4.0%)
Dec 2012
-
75.35%(-0.0%)
Sep 2012
-
75.37%(+5.1%)
Jun 2012
-
71.69%(+4.9%)
Mar 2012
68.33%(+4.8%)
68.33%(-4.6%)
Dec 2011
65.17%(+9.6%)
71.60%(+6.1%)
Sep 2011
-
67.49%(+12.3%)
Jun 2011
-
60.10%(+2.6%)
Mar 2011
-
58.58%(-1.8%)
Dec 2010
59.45%(+1.3%)
59.64%(-0.8%)
Sep 2010
-
60.10%(+3.0%)
Jun 2010
-
58.36%(-2.2%)
Mar 2010
-
59.69%(-10.4%)
Dec 2009
58.67%
66.61%(+22.9%)
Sep 2009
-
54.21%(-9.3%)
Jun 2009
-
59.79%(+9.1%)
DateAnnualQuarterly
Mar 2009
-
54.82%(-0.4%)
Dec 2008
54.92%(-5.7%)
55.05%(+0.8%)
Sep 2008
-
54.60%(-4.8%)
Jun 2008
-
57.36%(-15.5%)
Dec 2007
58.25%(+42.8%)
-
Dec 2006
40.79%(-29.1%)
-
Dec 2005
57.52%(-0.8%)
67.87%(+30.5%)
Sep 2005
-
52.01%(-6.1%)
Jun 2005
-
55.37%(+0.1%)
Mar 2005
-
55.32%(+1.5%)
Dec 2004
57.98%(-14.1%)
54.51%(-6.1%)
Sep 2004
-
58.05%(+21.3%)
Jun 2004
-
47.84%(-28.6%)
Mar 2004
-
67.04%(-4.3%)
Dec 2003
67.52%(+8.1%)
70.03%(+2.9%)
Sep 2003
-
68.05%(+1.7%)
Jun 2003
-
66.90%(+4.0%)
Mar 2003
-
64.35%(+3.5%)
Dec 2002
62.44%(-1.4%)
62.19%(+1.7%)
Sep 2002
-
61.14%(-1.6%)
Jun 2002
-
62.13%(-4.0%)
Mar 2002
-
64.75%(+1.3%)
Dec 2001
63.32%(-4.0%)
63.92%(+1.2%)
Sep 2001
-
63.15%(-3.4%)
Jun 2001
-
65.40%(+9.0%)
Mar 2001
-
60.01%(-24.7%)
Dec 2000
65.95%(+4.5%)
79.73%(+31.2%)
Sep 2000
-
60.79%(+1.7%)
Jun 2000
-
59.80%(-1.1%)
Mar 2000
-
60.47%(-23.3%)
Dec 1999
63.12%(+4.2%)
78.89%(+40.7%)
Sep 1999
-
56.05%(-3.5%)
Jun 1999
-
58.10%(+0.7%)
Mar 1999
-
57.68%(+3.8%)
Dec 1998
60.58%(+5.3%)
-
Mar 1998
-
55.56%(-24.1%)
Dec 1997
57.52%(-3.8%)
73.24%(+40.6%)
Sep 1997
-
52.10%(+4.2%)
Jun 1997
-
50.00%(-8.0%)
Mar 1997
-
54.33%(-23.1%)
Dec 1996
59.82%(-2.7%)
70.67%(+29.9%)
Sep 1996
-
54.42%(-8.6%)
Jun 1996
-
59.57%(+8.1%)
Mar 1996
-
55.12%(-7.7%)
Dec 1995
61.49%(-1.9%)
-
Dec 1994
62.71%(+11.7%)
-
Dec 1993
56.14%(+4.0%)
-
Dec 1992
53.96%(+0.1%)
59.72%(+19.4%)
Sep 1992
-
50.00%(-5.9%)
Jun 1992
-
53.13%(+1.0%)
Mar 1992
-
52.63%(-14.3%)
Dec 1991
53.88%(+12.0%)
61.40%(+29.4%)
Sep 1991
-
47.46%(-14.2%)
Jun 1991
-
55.32%(+3.7%)
Mar 1991
-
53.33%(+24.4%)
Dec 1990
48.12%(-2.1%)
-
Mar 1990
-
42.86%
Dec 1989
49.15%(+10.3%)
-
Dec 1988
44.57%(+3.2%)
-
Dec 1987
43.18%
-

FAQ

  • What is Taro Pharmaceutical Industries annual gross profit margin?
  • What is the all time high annual gross margin for Taro Pharmaceutical Industries?
  • What is Taro Pharmaceutical Industries annual gross margin year-on-year change?
  • What is Taro Pharmaceutical Industries quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Taro Pharmaceutical Industries?
  • What is Taro Pharmaceutical Industries quarterly gross margin year-on-year change?

What is Taro Pharmaceutical Industries annual gross profit margin?

The current annual gross margin of TARO is 48.47%

What is the all time high annual gross margin for Taro Pharmaceutical Industries?

Taro Pharmaceutical Industries all-time high annual gross profit margin is 81.93%

What is Taro Pharmaceutical Industries annual gross margin year-on-year change?

Over the past year, TARO annual gross profit margin has changed by +1.64% (+3.50%)

What is Taro Pharmaceutical Industries quarterly gross profit margin?

The current quarterly gross margin of TARO is 52.98%

What is the all time high quarterly gross margin for Taro Pharmaceutical Industries?

Taro Pharmaceutical Industries all-time high quarterly gross profit margin is 84.59%

What is Taro Pharmaceutical Industries quarterly gross margin year-on-year change?

Over the past year, TARO quarterly gross profit margin has changed by +2.15% (+4.23%)