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Gross Profit Margin for Tandem Diabetes Care Inc

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TNDM: Tandem Diabetes Care Inc

Tandem Diabetes Care, Inc. designs, develops, and commercializes technology solutions for people living with diabetes in the United States and internationally. The company’s flagship product is the t:...

18.74 USD
Price
USD
Fair Value
Upside
17.64 - 53.69
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Tandem Diabetes Care Inc's Gross Profit Margin:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 202430.0%40.0%50.0%60.0%

Performance Summary
  • Tandem Diabetes Care's latest twelve months gross profit margin is 52.1%
  • Tandem Diabetes Care's gross profit margin for fiscal years ending December 2020 to 2024 averaged 51.7%.
  • Tandem Diabetes Care's operated at median gross profit margin of 52.1% from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Tandem Diabetes Care's gross profit margin peaked in December 2021 at 53.5%.
  • Tandem Diabetes Care's gross profit margin hit its 5-year low in December 2023 of 49.2%.
  • Tandem Diabetes Care's gross profit margin decreased in 2020 (52.2%, -2.6%), 2022 (51.5%, -3.7%), and 2023 (49.2%, -4.6%) and increased in 2021 (53.5%, +2.5%) and 2024 (52.1%, +5.9%).

How does Tandem Diabetes Care's Gross Profit Margin benchmark against competitors?

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We've identified the following companies as similar to Tandem Diabetes Care Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Gross Profit Margin

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gp_margin
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number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

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Gross Profit Margin

Gross profit expressed as a percent of revenue.

Definition of Gross Profit Margin

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The gross profit margin measures a company’s gross profit as a percentage of the revenue. The formula to calculate gross profit margin and an example calculation for Tandem Diabetes Care’s trailing twelve months is outlined below:

Gross Profit Margin  = Gross Profit / Total Revenue
52.1% = 489.6 M  /  940.2 M

The tables below summarizes Tandem Diabetes Care’s performance over the last five years:

Fiscal YearGross ProfitRevenueMargin
2020-12-31260.5 M498.8 M52.2%
2021-12-31376.2 M702.8 M53.5%
2022-12-31413 M801.2 M51.5%
2023-12-31367.7 M747.7 M49.2%
2024-12-31489.6 M940.2 M52.1%

The tables below summarizes Tandem Diabetes Care’s performance over the last four quarters:

Quarter EndingGross ProfitRevenueMargin
2024-03-3194.672 M191.7 M49.4%
2024-06-30112.8 M221.9 M50.8%
2024-09-30124.7 M244 M51.1%
2024-12-31157.5 M282.6 M55.7%

You can read more about Gross Profit here.


Click the link below to download a spreadsheet with an example Gross Profit Margin calculation for Tandem Diabetes Care Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-4,153.7%-2,653.7%193.2%2006001,0001,400

The chart above depicts the distribution of gross profit margin for companies operating in the Healthcare sector in the Developed economic region. Over 2,010 companies were considered in this analysis, and 1,960 had meaningful values. The average gross profit margin of companies in the sector is -19.7% with a standard deviation of 358.0%.

Tandem Diabetes Care Inc's Gross Profit Margin of 52.1% ranks in the 51.7% percentile for the sector. The following table provides additional summary stats:

Gross Profit Margin In The Healthcare Sector
Economic Risk RegionDeveloped
Total Constituents2,019
Included Constituents1,960
Min-4,198.2%
Max100.0%
Median50.3%
Mean-19.7%
Standard Deviation358.0%

You can find companies with similar gross profit margin using this stock screener.

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