OSI Systems Inc (OSIS)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019
Gross profit (ttm)	US$ in thousands	530,458	519,161	486,852	441,758	430,510	409,956	409,028	412,594	424,427	420,028	421,189	423,497	419,918	403,399	408,487	417,179	420,639	432,112	434,321	433,892
Revenue (ttm)	US$ in thousands	1,538,758	1,464,019	1,361,502	1,283,864	1,272,725	1,200,950	1,188,538	1,169,622	1,180,808	1,174,471	1,167,781	1,167,109	1,142,760	1,087,192	1,096,288	1,125,621	1,161,565	1,175,951	1,187,352	1,185,215
Gross profit margin		34.47%	35.46%	35.76%	34.41%	33.83%	34.14%	34.41%	35.28%	35.94%	35.76%	36.07%	36.29%	36.75%	37.10%	37.26%	37.06%	36.21%	36.75%	36.58%	36.61%

June 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $530,458K ÷ $1,538,758K
= 34.47%

The gross profit margin for OSI Systems Inc has exhibited some fluctuations over the past few quarters. The margin has generally ranged between 33.83% and 37.26% over the past two years.

While there have been minor fluctuations in the gross profit margin, it has generally been within a relatively stable range. Despite some quarterly variations, the company has managed to maintain a gross profit margin in the mid-30s percentage range.

It is important for investors and analysts to monitor the gross profit margin closely as it reflects the company's ability to efficiently manage its production and operating costs relative to its revenue. Overall, OSI Systems Inc has shown a consistent performance in maintaining a satisfactory gross profit margin over the analyzed periods.