Tactile Systems Technology Inc (TCMD)
15.04
+0.47
(+3.23%)
USD |
NASDAQ |
Apr 24, 16:00
15.31
+0.27
(+1.80%)
Pre-Market: 08:00
Tactile Systems Technology Gross Profit Margin (Quarterly): 72.13% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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% |
| June 30, 2019 | 69.70% |
| Date | Value |
|---|---|
| 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
69.70%
Minimum
Jun 2019
72.59%
Maximum
Dec 2021
71.11%
Average
70.93%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Glaukos Corp | 77.06% |
| Perspective Therapeutics Inc | -- |
| Xtant Medical Holdings Inc | 60.97% |
| Asensus Surgical Inc | 21.47% |
| Catheter Precision Inc | 94.53% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 17.54% |
| Return on Assets | 10.34% |
| Return on Invested Capital | 13.80% |
| Profit Margin (Quarterly) | 10.56% |
| Operating Margin (Quarterly) | 15.91% |
| Return on Net Operating Assets | 16.22% |