USANA Health Sciences Inc (USNA)
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 | 744,317 | 747,083 | 762,987 | 783,068 | 804,711 | 837,962 | 874,859 | 939,725 | 968,566 | 1,005,286 | 1,023,804 | 955,298 | 925,533 | 898,041 | 868,665 | 866,870 | 873,399 | 898,946 | 931,057 | 973,004 |
| Revenue (ttm) | US$ in thousands | 923,232 | 929,999 | 950,124 | 976,483 | 1,001,860 | 1,041,382 | 1,082,496 | 1,155,009 | 1,190,168 | 1,235,586 | 1,258,823 | 1,180,028 | 1,137,751 | 1,095,421 | 1,057,506 | 1,054,531 | 1,060,902 | 1,088,627 | 1,124,796 | 1,170,240 |
| Gross profit margin | 80.62% | 80.33% | 80.30% | 80.19% | 80.32% | 80.47% | 80.82% | 81.36% | 81.38% | 81.36% | 81.33% | 80.96% | 81.35% | 81.98% | 82.14% | 82.20% | 82.33% | 82.58% | 82.78% | 83.15% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $744,317K ÷ $923,232K
= 80.62%
USANA Health Sciences Inc has demonstrated a relatively stable gross profit margin over the past few quarters, hovering around the range of 80% to 82%. The company's gross profit margin peaked at 83.15% in the first quarter of 2019 and has since experienced a slight decline, with the latest reported margin at 80.62% as of December 31, 2023.
Overall, the company has maintained healthy levels of gross profit margin, indicating efficient cost management and effective pricing strategies. It is essential for USANA Health Sciences Inc to continue monitoring and optimizing its cost structure to sustain its profitability and competitive positioning in the market.