Tactile Systems Technology Inc (TCMD)
15.94
+0.38
(+2.44%)
USD |
NASDAQ |
Nov 21, 16:00
16.06
+0.12
(+0.75%)
After-Hours: 20:00
Tactile Systems Technology Gross Profit Margin (Quarterly): 74.96% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 74.96% |
| 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% |
| Date | Value |
|---|---|
| September 30, 2019 | 71.30% |
| 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
74.96%
Maximum
Sep 2024
71.50%
Average
71.01%
Median
Gross Profit Margin (Quarterly) Benchmarks
| InfuSystems Holdings Inc | 53.92% |
| 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 | 7.89% |
| Return on Assets | 5.46% |
| Return on Invested Capital | 6.79% |
| Profit Margin (Quarterly) | 7.05% |
| Operating Margin (Quarterly) | 9.28% |
| Return on Net Operating Assets | 9.39% |