Tactile Systems Technology Inc (TCMD)
15.11
+0.42
(+2.86%)
USD |
NASDAQ |
Nov 04, 16:00
13.50
-1.61
(-10.66%)
After-Hours: 20:00
Tactile Systems Technology Gross Profit Margin (Quarterly): 73.89% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 73.89% |
| March 31, 2024 | 71.09% |
| December 31, 2023 | 72.13% |
| September 30, 2023 | 70.93% |
| June 30, 2023 | 70.68% |
| March 31, 2023 | 70.47% |
| December 31, 2022 | 70.50% |
| September 30, 2022 | 71.70% |
| June 30, 2022 | 72.47% |
| March 31, 2022 | 70.58% |
| December 31, 2021 | 72.59% |
| September 30, 2021 | 70.42% |
| June 30, 2021 | 70.91% |
| March 31, 2021 | 70.68% |
| December 31, 2020 | 70.65% |
| September 30, 2020 | 71.24% |
| June 30, 2020 | 70.93% |
| March 31, 2020 | 71.15% |
| December 31, 2019 | 72.03% |
| September 30, 2019 | 71.30% |
| Date | Value |
|---|---|
| June 30, 2019 | 69.70% |
| March 31, 2019 | 69.80% |
| December 31, 2018 | 68.93% |
| September 30, 2018 | 72.08% |
| June 30, 2018 | 71.85% |
| March 31, 2018 | 72.78% |
| December 31, 2017 | 74.69% |
| September 30, 2017 | 73.38% |
| June 30, 2017 | 73.22% |
| March 31, 2017 | 71.67% |
| December 31, 2016 | 73.58% |
| September 30, 2016 | 72.25% |
| June 30, 2016 | 73.01% |
| March 31, 2016 | 72.18% |
| December 31, 2015 | 76.04% |
| September 30, 2015 | 73.45% |
| June 30, 2015 | 70.21% |
| March 31, 2015 | 70.64% |
| December 31, 2014 | 75.53% |
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
70.42%
Minimum
Sep 2021
73.89%
Maximum
Jun 2024
71.32%
Average
70.93%
Median
Jun 2020
Gross Profit Margin (Quarterly) Benchmarks
| InfuSystems Holdings Inc | 49.46% |
| Perspective Therapeutics Inc | -- |
| Retractable Technologies Inc | -6.96% |
| Xtant Medical Holdings Inc | 62.06% |
| Catheter Precision Inc | 82.80% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 17.53% |
| Return on Assets | 11.65% |
| Return on Invested Capital | 14.70% |
| Profit Margin (Quarterly) | 5.87% |
| Operating Margin (Quarterly) | 7.99% |
| Return on Net Operating Assets | 19.47% |