908 Devices Inc (MASS)
8.09
+0.04 (+0.50%)
USD |
NASDAQ |
Mar 30, 16:00
8.09
0.00 (0.00%)
After-Hours: 20:00
908 Devices Gross Profit Margin (Quarterly): 50.86% for Dec. 31, 2022
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2022 | 50.86% |
| September 30, 2022 | 59.11% |
| June 30, 2022 | 59.73% |
| March 31, 2022 | 49.71% |
| December 31, 2021 | 57.66% |
| September 30, 2021 | 54.30% |
| June 30, 2021 | 52.91% |
| Date | Value |
|---|---|
| March 31, 2021 | 52.46% |
| December 31, 2020 | 45.11% |
| September 30, 2020 | 63.43% |
| June 30, 2020 | 57.60% |
| March 31, 2020 | 52.44% |
| December 31, 2019 | 51.92% |
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
45.11%
Minimum
Dec 2020
63.43%
Maximum
Sep 2020
54.40%
Average
52.91%
Median
Jun 2021
Gross Profit Margin (Quarterly) Benchmarks
| Perspective Therapeutics Inc | 21.96% |
| Xtant Medical Holdings Inc | 54.39% |
| Asensus Surgical Inc | 6.74% |
| Ra Medical Systems Inc | -- |
| Retractable Technologies Inc | 20.54% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -16.62% |
| Return on Assets | -13.41% |
| Return on Invested Capital | -15.47% |
| Profit Margin (Quarterly) | -84.09% |
| Operating Margin (Quarterly) | -88.79% |
| Return on Net Operating Assets | -40.34% |