Varian Medical Systems Inc (VAR) Gross Profit Margin starting from the first quarter 2020 to first quarter 2019, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Varian Medical Systems Inc   (NYSE: VAR)


Varian Medical Systems Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



VAR Gross Profit Margin (Jan 01 2021)
Q1
(Oct 02 2020)
Q4
(Jul 03 2020)
Q3
(Apr 03 2020)
Q2
(Jan 03 2020)
Q1
Y / Y Revenue Change -6.04 %
Seq. Revenue Change -8.43 %
Revenue In Millions $778.80
Gross Profit Margin 46.1 %
Gross Profit Margin Total Ranking # 1905
Gross Profit In Millions $359.00
Y / Y Gross Profit Change -2.13 %
Seq. Gross Profit Change -4.19 %


Commenting First Quarter 2020 Gross Profit Margin
Varian Medical Systems Inc increased Gross Profit Margin through reduction in Cost of Sales and despite contraction in Gross Profit by -4.19 % and Revenue by -8.43 %. Gross Profit Margin in Q1 was 46.1 %, above company average.


Observing first quarter 2020 results within Medical Equipment & Supplies industry 126 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1905, from total ranking in the previous quarter at 2105.
Learn about Gross Margin
VAR's Gross Profit Margin first quarter 2020 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 127
Healthcare Sector # 327
Overall # 1867

Gross Profit Margin Statistics
High Average Low
55.61 % 43.36 % 38.91 %
(Dec 30 2016)   (Oct 02 2015)




Other Gross Profit Margin Profitability Ratios
VAR's Cumulative Gross Profit Margin
Medical Equipment & Supplies Industry Gross Profit Margin Trends and Statistics
Healthcare Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
VAR's Gross Profit Margin Profitability versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for VAR's Competitors
Gross Profit Margin Profit Margin for Varian Medical Systems Inc 's Suppliers
Gross Profit Margin Profit Margin for VAR's Customers

You may also want to know
VAR's Annual Growth Rates VAR's Profitability Ratios VAR's Asset Turnover Ratio VAR's Dividend Growth
VAR's Roe VAR's Valuation Ratios VAR's Financial Strength Ratios VAR's Gross Profit Growth
VAR's Roa VAR's Inventory Turnover Ratio VAR's Growth Rates VAR's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Jan 01 2021, within Medical Equipment & Supplies Industry Gross Profit MarginJan 01 2021 MRQ Gross ProfitJan 01 2021 MRQ Revenue
Invo Fertility Inc   94.85 %$ 0.186  Millions$ 0.197  Millions
Bionik Laboratories Corp   94.69 %$ 0.171  Millions$ 0.180  Millions
Inari Medical Inc   92.42 %$ 44.925  Millions$ 48.611  Millions
Semler Scientific inc   91.83 %$ 11.087  Millions$ 12.073  Millions
Sanara Medtech Inc   89.77 %$ 4.299  Millions$ 4.789  Millions
Si bone inc   89.73 %$ 19.869  Millions$ 22.144  Millions
Vycor Medical Inc   87.99 %$ 0.238  Millions$ 0.271  Millions
Fonar Corporation  87.48 %$ 18.515  Millions$ 21.164  Millions
Inmode Ltd   85.03 %$ 175.258  Millions$ 206.107  Millions
Inspire Medical Systems inc   84.44 %$ 38.848  Millions$ 46.009  Millions
Mimedx Group Inc   84.22 %$ 57.730  Millions$ 68.548  Millions
Co diagnostics Inc   84.11 %$ 22.832  Millions$ 27.145  Millions
Avita Medical Inc   83.91 %$ 4.282  Millions$ 5.103  Millions
Surmodics Inc   83.21 %$ 18.554  Millions$ 22.297  Millions
Axogen inc   83.19 %$ 27.032  Millions$ 32.495  Millions
Abiomed Inc   82.25 %$ 190.553  Millions$ 231.663  Millions
Cerus Corporation  81.70 %$ 54.369  Millions$ 66.548  Millions
Vivos Therapeutics Inc   81.30 %$ 2.688  Millions$ 3.307  Millions
Novocure Limited  80.45 %$ 115.817  Millions$ 143.953  Millions
Orthopediatrics Corp  79.89 %$ 15.118  Millions$ 18.924  Millions
Electromed Inc   79.25 %$ 7.525  Millions$ 9.496  Millions
Cytosorbents Corporation  78.86 %$ 9.428  Millions$ 11.956  Millions
Advanced Biomedical Technologies Inc   78.52 %$ 0.037  Millions$ 0.047  Millions
Cardiovascular Systems Inc   78.31 %$ 50.249  Millions$ 64.169  Millions
Zynex inc   77.90 %$ 19.946  Millions$ 25.605  Millions
Antares Pharma Inc   77.52 %$ 34.214  Millions$ 44.133  Millions
Agape Atp Corporation  77.25 %$ 0.398  Millions$ 0.516  Millions
Therapeutic Solutions International Inc   76.88 %$ 0.014  Millions$ 0.018  Millions
Stereotaxis Inc   76.52 %$ 5.222  Millions$ 6.825  Millions
Neuronetics Inc   75.85 %$ 11.816  Millions$ 15.579  Millions




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