What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

PTC Therapeutics PTCT Gross Profit

Discontinued — last reported Q4 '19

Gross Profit at other companies

BiogenBIIB

$1.82B+0.8%

BioMarin PharmaceuticalsBMRN

——

ALN

Alnylam PharmaceuticalsALNY

——

BridgeBio PharmaBBIO

——

United TherapeuticsUTHR

——

LQD

Liquidia CorporationLQDA

——

Other financials

Income statement

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Revenue$272.6M-76.8%

Operating income$45.0M-95.4%

Net income-$2.8M-100%

EPS (diluted)-$0.03-100%

Balance sheet

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Cash & equivalents$834.0M-43.7%

Total debt$395.1M+0.1%

Total equity-$180.5M+2.9%

Total assets$2.9B+8.0%

Cash flow

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Operating cash flow-$59.0M-107%

CapEx$1.2M-30.6%

Free cash flow-$60.2M-107%

Valuation

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Market cap$6.55B+40.3%

Enterprise value$6.11B+77.3%

P/E8×—

P/S7.9×+5.3×

Profitability

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Gross margin96%—

Operating margin1.6%-38.7pp

Net margin42.3%+27.4pp

FCF margin39.1%+32.8pp

Returns & leverage

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Return on equity-216.7%—

Debt / equity372.3×—

Current ratio2.4×-1.5×

Where this comes from

Calculated from PTC Therapeutics’s reported figures.

$96.5Mtotal revenue−$3.5Mtotal cost of revenue=$92.92M

The official record: PTC Therapeutics’s 10-K, filed February 22, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.