What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Bausch Health Companies BHC Gross margin

Discontinued — last reported Q2 '18

Gross margin at other companies

PBH

Prestige Consumer HealthcarePBH

54.7%-1.1pp

Johnson & JohnsonJNJ

67.8%-0.5pp

AbbVieABBV

70.7%0.0pp

OrganonOGN

52.8%-4.4pp

HRO

HarrowHROW

74.1%-0.4pp

Neurocrine BiosciencesNBIX

98.2%-0.3pp

Other financials

Income statement

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Revenue$2.5B+11.7%

Operating income-$950.0M-444%

Net income-$1.4B-2,353%

EPS (diluted)-$3.82-2,287%

Balance sheet

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Cash & equivalents$1.3B+13.4%

Total debt$20.8B-3.5%

Total equity-$2.1B-74.0%

Total assets$24.5B-7.3%

Cash flow

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Operating cash flow$230.0M+9.0%

CapEx$109.0M-5.2%

Free cash flow$121.0M+26.0%

Valuation

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Market cap$1.79B-15.9%

Enterprise value$21.24B-5.6%

P/S0.2×0.0×

Profitability

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Operating margin5.6%-10.3pp

Net margin-1.9%-0.9pp

FCF margin9.8%-2.8pp

Returns & leverage

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Return on equity-70.1%—

Debt / equity45.2×—

Current ratio1.3×0.0×

Where this comes from

Calculated from Bausch Health Companies’s reported figures.

gross profit/total revenue=71.4%

Based on trailing twelve months.

The official record: Bausch Health Companies’s 10-Q, filed August 6, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.