Treace Medical Concepts Inc (TMCI)
4.985
-0.64
(-11.46%)
USD |
NASDAQ |
May 17, 16:00
4.985
0.00 (0.00%)
After-Hours: 20:00
Treace Medical Concepts Gross Profit Margin (Quarterly): 80.19% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 80.19% |
| December 31, 2023 | 81.56% |
| September 30, 2023 | 80.38% |
| June 30, 2023 | 81.71% |
| March 31, 2023 | 80.95% |
| December 31, 2022 | 81.87% |
| September 30, 2022 | 81.58% |
| June 30, 2022 | 82.34% |
| March 31, 2022 | 82.34% |
| Date | Value |
|---|---|
| December 31, 2021 | 83.94% |
| September 30, 2021 | 80.35% |
| June 30, 2021 | 80.90% |
| March 31, 2021 | 82.22% |
| December 31, 2020 | 78.91% |
| September 30, 2020 | 79.59% |
| June 30, 2020 | 73.06% |
| March 31, 2020 | 78.78% |
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
73.06%
Minimum
Jun 2020
83.94%
Maximum
Dec 2021
80.63%
Average
80.95%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| Perspective Therapeutics Inc | -- |
| Retractable Technologies Inc | 10.78% |
| Xtant Medical Holdings Inc | 60.97% |
| Asensus Surgical Inc | -172.1% |
| Catheter Precision Inc | 93.90% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -38.57% |
| Return on Assets | -22.19% |
| Return on Invested Capital | -28.09% |
| Profit Margin (Quarterly) | -36.54% |
| Operating Margin (Quarterly) | -37.11% |
| Return on Net Operating Assets | -49.24% |