Tandem Diabetes Care Inc (TNDM)
44.72
+8.16
(+22.32%)
USD |
NASDAQ |
May 03, 16:00
44.99
+0.27
(+0.60%)
After-Hours: 20:00
Tandem Diabetes Care Gross Profit Margin (Quarterly): 47.41% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 47.41% |
| September 30, 2023 | 48.35% |
| June 30, 2023 | 51.93% |
| March 31, 2023 | 48.95% |
| December 31, 2022 | 52.39% |
| September 30, 2022 | 51.05% |
| June 30, 2022 | 50.91% |
| March 31, 2022 | 51.78% |
| December 31, 2021 | 54.16% |
| September 30, 2021 | 53.86% |
| June 30, 2021 | 53.71% |
| March 31, 2021 | 51.96% |
| December 31, 2020 | 53.88% |
| September 30, 2020 | 52.84% |
| June 30, 2020 | 49.79% |
| March 31, 2020 | 51.33% |
| December 31, 2019 | 55.60% |
| September 30, 2019 | 53.54% |
| June 30, 2019 | 53.51% |
| March 31, 2019 | 50.54% |
| December 31, 2018 | 54.51% |
| September 30, 2018 | 47.11% |
| June 30, 2018 | 44.21% |
| Date | Value |
|---|---|
| March 31, 2018 | 41.81% |
| December 31, 2017 | 43.35% |
| September 30, 2017 | 43.97% |
| June 30, 2017 | 37.52% |
| March 31, 2017 | 35.59% |
| December 31, 2016 | 34.81% |
| September 30, 2016 | -12.83% |
| June 30, 2016 | 35.57% |
| March 31, 2016 | 34.54% |
| December 31, 2015 | 46.22% |
| September 30, 2015 | 35.08% |
| June 30, 2015 | 30.57% |
| March 31, 2015 | 22.81% |
| December 31, 2014 | 36.53% |
| September 30, 2014 | 32.54% |
| June 30, 2014 | 33.63% |
| March 31, 2014 | 10.74% |
| December 31, 2013 | 11.59% |
| September 30, 2013 | 32.57% |
| June 30, 2013 | 7.34% |
| March 31, 2013 | 37.38% |
| December 31, 2012 | -19.81% |
| September 30, 2012 | -413.7% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
47.41%
Minimum
Dec 2023
55.60%
Maximum
Dec 2019
51.94%
Average
51.96%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| Insulet Corp | 70.85% |
| Stryker Corp | 63.57% |
| Abbott Laboratories | 55.21% |
| Integer Holdings Corp | 26.48% |
| Twist Bioscience Corp | 41.01% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -64.13% |
| Return on Assets | -22.97% |
| Return on Invested Capital | -35.27% |
| Profit Margin (Quarterly) | -15.25% |
| Operating Margin (Quarterly) | -17.82% |
| Return on Net Operating Assets | -53.96% |