TELA Bio Inc (TELA)
4.635
+0.12
(+2.77%)
USD |
NASDAQ |
May 01, 16:00
4.635
0.00 (0.00%)
After-Hours: 19:38
TELA Bio Gross Profit Margin (Quarterly): 68.38% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 68.38% |
| September 30, 2023 | 69.02% |
| June 30, 2023 | 70.38% |
| March 31, 2023 | 66.32% |
| December 31, 2022 | 70.35% |
| September 30, 2022 | 65.59% |
| June 30, 2022 | 62.94% |
| March 31, 2022 | 60.73% |
| December 31, 2021 | 67.58% |
| September 30, 2021 | 60.13% |
| June 30, 2021 | 67.31% |
| Date | Value |
|---|---|
| March 31, 2021 | 58.96% |
| December 31, 2020 | 64.62% |
| September 30, 2020 | 61.87% |
| June 30, 2020 | 59.45% |
| March 31, 2020 | 59.04% |
| December 31, 2019 | 60.92% |
| September 30, 2019 | 65.54% |
| June 30, 2019 | 57.74% |
| March 31, 2019 | 54.39% |
| December 31, 2018 | 42.36% |
| September 30, 2018 | 61.80% |
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
57.74%
Minimum
Jun 2019
70.38%
Maximum
Jun 2023
64.05%
Average
64.62%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
| Cutera Inc | 12.60% |
| Dynatronics Corp | 22.33% |
| Stereotaxis Inc | 59.98% |
| Electromed Inc | 77.03% |
| Myomo Inc | 65.28% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -218.3% |
| Return on Assets | -60.38% |
| Return on Invested Capital | -75.76% |
| Profit Margin (Quarterly) | -75.83% |
| Operating Margin (Quarterly) | -72.23% |
| Return on Net Operating Assets | -173.5% |