Smith & Nephew SNATS, Inc.

SNN Healthcare Medical Devices

Smith & Nephew SNATS, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.2 billion, up 6.09% from fiscal 2024.

31.12 0.89 −2.78%
Market cap
$13.4B
P/E
38.9×
Fwd P/E
18.9×
Dividend yield
2.49%
F-score
7/9
Altman Z
3.49
Beneish M
−2.70
Dividend safety
61/100

Smith & Nephew SNATS, Inc. (SNN) Gross margin

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Smith & Nephew SNATS, Inc.'s gross margin over the twelve months to 30 June 2023 was 70.5%. Over the past ten years it has ranged from 68.0% (fiscal 2025) to 75.3% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Medical Devices industry median of 57.8% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 68.0% (1.63)
FY2024 69.6% 0.82
FY2023 68.8% (1.65)
FY2022 70.5% 0.07
FY2021 70.4% 1.01
FY2020 69.4% (4.57)
FY2019 74.0% 0.43
FY2018 73.5% (0.28)
FY2017 73.8% 1.05
FY2016 72.8% (2.57)

Quarterly newest first

Period Gross margin Change (points)
Jun 2023 69.4% (1.26)
Dec 2022 70.7% 0.44
Jun 2022 70.2% (1.55)
Dec 2021 71.8% 2.79
6 more quarters

Against its own ten years

Low 68.0% High 75.3%
Ten-year median 70.5%
Current reading's percentile 9

Gross margin against peers

Company Gross margin
GKOS Glaukos Corporation compare 81.1%
PODD Insulet Corporation compare 71.9%
SNN Smith & Nephew SNATS, Inc. 70.5%
TXG 10x Genomics compare 70.0%
GMED Globus Medical, Inc. compare 69.1%
PEN Penumbra, Inc. compare 68.0%
BIO.B Bio-Rad Laboratories, Inc. compare 51.3%
BIO Bio-Rad Laboratories, Inc. compare 51.3%
BRKR Bruker Corporation compare 47.7%
Medical Devices industry median 57.8%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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