USANA Health Sciences Inc (USNA)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 744,317 | 804,711 | 968,566 | 925,533 | 873,399 |
| Revenue | US$ in thousands | 923,915 | 1,001,720 | 1,190,170 | 1,137,750 | 1,060,900 |
| Gross profit margin | 80.56% | 80.33% | 81.38% | 81.35% | 82.33% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $744,317K ÷ $923,915K
= 80.56%
USANA Health Sciences Inc's gross profit margin has shown consistency over the past five years, ranging from 80.56% in 2023 to 82.33% in 2019. This indicates that the company has been able to effectively manage its production and operational costs relative to its revenue generation. The slight fluctuations in the gross profit margin suggest that the company has maintained a relatively stable pricing strategy and cost structure during this period. Overall, USANA Health Sciences Inc's gross profit margin remains relatively high, reflecting efficient cost management and pricing strategies.