iRhythm Technologies Inc (IRTC)
110.71
-1.41
(-1.26%)
USD |
NASDAQ |
Apr 19, 15:16
iRhythm Technologies Gross Profit Margin (Quarterly): 65.98% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 65.98% |
| September 30, 2023 | 66.19% |
| June 30, 2023 | 69.46% |
| March 31, 2023 | 67.91% |
| December 31, 2022 | 69.89% |
| September 30, 2022 | 68.28% |
| June 30, 2022 | 68.83% |
| March 31, 2022 | 66.85% |
| December 31, 2021 | 62.69% |
| September 30, 2021 | 65.72% |
| June 30, 2021 | 68.02% |
| March 31, 2021 | 68.43% |
| December 31, 2020 | 73.99% |
| September 30, 2020 | 74.66% |
| June 30, 2020 | 69.57% |
| March 31, 2020 | 74.72% |
| December 31, 2019 | 76.46% |
| Date | Value |
|---|---|
| September 30, 2019 | 74.79% |
| June 30, 2019 | 75.19% |
| March 31, 2019 | 75.64% |
| December 31, 2018 | 74.14% |
| September 30, 2018 | 74.11% |
| June 30, 2018 | 73.24% |
| March 31, 2018 | 71.83% |
| December 31, 2017 | 71.53% |
| September 30, 2017 | 72.36% |
| June 30, 2017 | 71.73% |
| March 31, 2017 | 70.44% |
| December 31, 2016 | 69.07% |
| September 30, 2016 | 68.52% |
| June 30, 2016 | 67.23% |
| March 31, 2016 | 63.75% |
| December 31, 2015 | 61.66% |
| September 30, 2015 | 59.89% |
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
62.69%
Minimum
Dec 2021
76.46%
Maximum
Dec 2019
69.87%
Average
68.83%
Median
Jun 2022
Gross Profit Margin (Quarterly) Benchmarks
| Boston Scientific Corp | 69.21% |
| Globus Medical Inc | 56.94% |
| Perspective Therapeutics Inc | -- |
| Xtant Medical Holdings Inc | 60.97% |
| Asensus Surgical Inc | 21.47% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -55.32% |
| Return on Assets | -28.40% |
| Return on Invested Capital | -47.83% |
| Profit Margin (Quarterly) | -29.20% |
| Operating Margin (Quarterly) | -21.21% |
| Return on Net Operating Assets | -57.31% |