908 Devices Inc (MASS)
2.74
+0.18
(+7.03%)
USD |
NASDAQ |
Nov 21, 16:00
2.78
+0.04
(+1.46%)
After-Hours: 20:00
908 Devices Gross Profit Margin (Quarterly): 49.68% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 49.68% |
| June 30, 2024 | 52.81% |
| March 31, 2024 | 50.08% |
| December 31, 2023 | 50.69% |
| September 30, 2023 | 55.04% |
| June 30, 2023 | 47.91% |
| March 31, 2023 | 46.21% |
| December 31, 2022 | 50.86% |
| September 30, 2022 | 59.11% |
| June 30, 2022 | 59.73% |
| Date | Value |
|---|---|
| March 31, 2022 | 49.71% |
| December 31, 2021 | 57.66% |
| September 30, 2021 | 54.30% |
| June 30, 2021 | 52.91% |
| 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
52.98%
Average
52.45%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Quantum-Si Inc | 46.63% |
| Perspective Therapeutics Inc | -- |
| Retractable Technologies Inc | -0.14% |
| Xtant Medical Holdings Inc | 58.37% |
| Catheter Precision Inc | 89.58% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -38.60% |
| Return on Assets | -30.45% |
| Return on Invested Capital | -38.60% |
| Profit Margin (Quarterly) | -174.7% |
| Operating Margin (Quarterly) | -70.56% |
| Return on Net Operating Assets | -77.73% |