Veracyte Inc (VCYT)
38.94
-0.26
(-0.66%)
USD |
NASDAQ |
Nov 21, 16:00
38.95
+0.01
(+0.03%)
After-Hours: 20:00
Veracyte Gross Profit Margin (Quarterly): 68.19% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 68.19% |
| June 30, 2024 | 68.09% |
| March 31, 2024 | 67.51% |
| December 31, 2023 | 84.78% |
| September 30, 2023 | 64.02% |
| June 30, 2023 | 61.80% |
| March 31, 2023 | 68.18% |
| December 31, 2022 | 66.59% |
| September 30, 2022 | 65.59% |
| June 30, 2022 | 65.65% |
| March 31, 2022 | 65.02% |
| December 31, 2021 | 66.02% |
| September 30, 2021 | 64.15% |
| June 30, 2021 | 68.29% |
| March 31, 2021 | 66.21% |
| December 31, 2020 | 67.61% |
| September 30, 2020 | 66.68% |
| June 30, 2020 | 63.03% |
| March 31, 2020 | 60.66% |
| December 31, 2019 | 65.96% |
| September 30, 2019 | 70.57% |
| June 30, 2019 | 70.88% |
| March 31, 2019 | 71.17% |
| December 31, 2018 | 66.20% |
| September 30, 2018 | 64.80% |
| Date | Value |
|---|---|
| June 30, 2018 | 63.76% |
| March 31, 2018 | 60.75% |
| December 31, 2017 | 60.35% |
| September 30, 2017 | 59.08% |
| June 30, 2017 | 62.19% |
| March 31, 2017 | 61.68% |
| December 31, 2016 | 64.32% |
| September 30, 2016 | 65.77% |
| June 30, 2016 | 57.06% |
| March 31, 2016 | 53.66% |
| December 31, 2015 | 56.02% |
| September 30, 2015 | 54.45% |
| June 30, 2015 | 56.84% |
| March 31, 2015 | 59.30% |
| December 31, 2014 | 60.12% |
| September 30, 2014 | 57.63% |
| June 30, 2014 | 54.29% |
| March 31, 2014 | 51.75% |
| December 31, 2013 | 49.24% |
| September 30, 2013 | 44.01% |
| June 30, 2013 | 36.25% |
| March 31, 2013 | 36.75% |
| December 31, 2012 | 41.66% |
| September 30, 2012 | 38.46% |
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
60.66%
Minimum
Mar 2020
84.78%
Maximum
Dec 2023
66.70%
Average
66.11%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Fonar Corp | 40.24% |
| XWELL Inc | 24.38% |
| ProPhase Labs Inc | -5.24% |
| Applied DNA Sciences Inc | 30.75% |
| OncoCyte Corp | 43.48% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.84% |
| Return on Assets | -0.78% |
| Return on Invested Capital | -0.84% |
| Profit Margin (Quarterly) | 13.08% |
| Operating Margin (Quarterly) | 10.94% |
| Return on Net Operating Assets | -0.99% |