LeMaitre Vascular Inc (LMAT)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Gross profit (ttm) US$ in thousands 149,429 142,616 136,253 131,343 125,561 119,838 114,093 109,817 104,896 104,798 104,594 103,545 101,382 99,828 97,666 87,934 84,618 80,124 77,586 80,872
Revenue (ttm) US$ in thousands 219,863 213,029 205,621 199,887 193,484 185,555 177,172 169,165 161,651 160,200 159,540 158,102 154,424 152,469 150,517 134,698 129,366 121,988 114,672 119,304
Gross profit margin 67.96% 66.95% 66.26% 65.71% 64.89% 64.58% 64.40% 64.92% 64.89% 65.42% 65.56% 65.49% 65.65% 65.47% 64.89% 65.28% 65.41% 65.68% 67.66% 67.79%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $149,429K ÷ $219,863K
= 67.96%

The gross profit margin of LeMaitre Vascular Inc has shown relative stability over the years, starting at around 67.79% in March 2020 and fluctuating within the range of 64.40% to 67.96% up to December 2024. The company's ability to maintain gross profit margins above 65% indicates strong pricing power, efficient cost management, and effective production processes. Overall, the consistent gross profit margins suggest that LeMaitre Vascular Inc has been effectively managing its production costs and pricing strategies to generate sufficient profits from its sales.