Bio-Techne Corp (TECH)
77.29
+1.69
(+2.24%)
USD |
NASDAQ |
May 03, 16:00
77.31
+0.02
(+0.03%)
After-Hours: 20:00
Bio-Techne Gross Profit Margin (Quarterly): 67.43% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 67.43% |
| December 31, 2023 | 64.78% |
| September 30, 2023 | 66.87% |
| June 30, 2023 | 67.93% |
| March 31, 2023 | 68.73% |
| December 31, 2022 | 67.52% |
| September 30, 2022 | 66.60% |
| June 30, 2022 | 69.51% |
| March 31, 2022 | 69.38% |
| December 31, 2021 | 68.22% |
| September 30, 2021 | 66.35% |
| June 30, 2021 | 67.92% |
| March 31, 2021 | 69.09% |
| December 31, 2020 | 67.29% |
| September 30, 2020 | 67.45% |
| June 30, 2020 | 64.44% |
| March 31, 2020 | 66.81% |
| December 31, 2019 | 65.65% |
| September 30, 2019 | 64.62% |
| June 30, 2019 | 66.92% |
| March 31, 2019 | 67.41% |
| December 31, 2018 | 64.76% |
| September 30, 2018 | 66.03% |
| June 30, 2018 | 67.78% |
| March 31, 2018 | 67.24% |
| Date | Value |
|---|---|
| December 31, 2017 | 66.06% |
| September 30, 2017 | 67.68% |
| June 30, 2017 | 65.38% |
| March 31, 2017 | 67.12% |
| December 31, 2016 | 66.87% |
| September 30, 2016 | 66.89% |
| June 30, 2016 | 66.56% |
| March 31, 2016 | 68.71% |
| December 31, 2015 | 67.48% |
| September 30, 2015 | 67.09% |
| June 30, 2015 | 67.22% |
| March 31, 2015 | 69.54% |
| December 31, 2014 | 67.66% |
| September 30, 2014 | 67.36% |
| June 30, 2014 | 68.73% |
| March 31, 2014 | 71.28% |
| December 31, 2013 | 69.74% |
| September 30, 2013 | 71.34% |
| June 30, 2013 | 74.38% |
| March 31, 2013 | 75.50% |
| December 31, 2012 | 73.60% |
| September 30, 2012 | 74.09% |
| June 30, 2012 | 74.81% |
| March 31, 2012 | 75.80% |
| December 31, 2011 | 73.89% |
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
64.44%
Minimum
Jun 2020
69.51%
Maximum
Jun 2022
67.18%
Average
67.36%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Agilent Technologies Inc | 54.76% |
| Bio-Rad Laboratories Inc | 53.78% |
| Revvity Inc | 54.63% |
| Twist Bioscience Corp | 41.01% |
| AIM ImmunoTech Inc | 81.54% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 10.32% |
| Return on Assets | 7.55% |
| Return on Invested Capital | 8.58% |
| Profit Margin (Quarterly) | 16.17% |
| Operating Margin (Quarterly) | 22.08% |
| Return on Net Operating Assets | 9.21% |