United Therapeutics (UTHR) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 82.9%
EBITDA Margin: 44.6%
Op. Margin: 41.7%
Net Margin: 35.2%

Op. margin of 41.7% is down 6.5% YoY — costs are rising relative to revenue. Net margin at 35.2% and gross margin of 82.9% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit