Cross Country Healthcare Inc (CCRN)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	450,410	498,863	545,049	592,315	627,686	635,894	576,143	478,328	374,999	282,241	246,450	224,594	202,732	201,501	204,504	205,358	204,009	201,407	201,963	204,064
Revenue (ttm)	US$ in thousands	2,010,497	2,222,880	2,413,858	2,625,827	2,792,021	2,806,282	2,546,405	2,129,244	1,672,603	1,247,530	1,068,775	954,923	836,417	837,407	852,639	838,617	823,724	808,035	799,552	801,367
Gross profit margin		22.40%	22.44%	22.58%	22.56%	22.48%	22.66%	22.63%	22.46%	22.42%	22.62%	23.06%	23.52%	24.24%	24.06%	23.98%	24.49%	24.77%	24.93%	25.26%	25.46%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $450,410K ÷ $2,010,497K
= 22.40%

Based on the data provided for Cross Country Healthcares, Inc., the gross profit margin has remained consistent at 100% across all quarters in the periods indicated. This signifies that the company has been able to generate revenue efficiently and effectively manage its cost of goods sold, resulting in a high level of profitability. A gross profit margin of 100% typically indicates that the company is able to sell its products or services for more than it costs to produce them. It also suggests strong pricing power or cost control measures in place. Further analysis of other financial metrics may provide a more comprehensive understanding of Cross Country Healthcares, Inc.'s overall financial performance and operational efficiency.