HealthStream Inc (HSTM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 193,710 | 184,042 | 175,683 | 165,679 | 155,494 |
| Revenue | US$ in thousands | 291,646 | 279,063 | 266,826 | 256,712 | 244,826 |
| Gross profit margin | 66.42% | 65.95% | 65.84% | 64.54% | 63.51% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $193,710K ÷ $291,646K
= 66.42%
HealthStream Inc's gross profit margin has been showing a positive trend over the past five years. Starting at 63.51% in December 2020, the margin increased to 66.42% by December 2024. This indicates the company's ability to effectively manage the cost of goods sold and generate more profit on each dollar of revenue. The consistent growth in the gross profit margin reflects operational efficiency and potentially improved pricing strategies, resulting in higher profitability for HealthStream Inc. Overall, the increasing trend in gross profit margin suggests a positive financial performance and effective cost control measures by the company.
Peer comparison
Dec 31, 2024