Net margin is calculated as Net Income divided by its Revenue. Tandem Diabetes Care's Net Income for the
three
months ended in Dec. 2023 was $-30.0 Mil. Tandem Diabetes Care's Revenue for the
three
months ended in Dec. 2023 was $196.8 Mil. Therefore, Tandem Diabetes Care's net margin for the quarter that ended in Dec. 2023 was -15.25%.
The historical rank and industry rank for Tandem Diabetes Care's Net Margin % or its related term are showing as below:
TNDM'
s Net Margin % Range Over the Past 10 Years
Min: -159.94 Med: -48.23 Max: 2.21
Current: -29.77
TNDM's Net Margin % is ranked worse than 65.07% of 816
companies
in the Medical Devices & Instruments industry
Industry Median: 0.045
vs TNDM: -29.77
Tandem Diabetes Care Net Margin % Historical Data
The historical data trend for Tandem Diabetes Care's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Tandem Diabetes Care's Net Margin %
For the Medical Devices subindustry, Tandem Diabetes Care's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tandem Diabetes Care's Net Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tandem Diabetes Care's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tandem Diabetes Care's Net Margin % falls into.
Tandem Diabetes Care Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Tandem Diabetes Care's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tandem Diabetes Care (NAS:TNDM) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Tandem Diabetes Care Net Margin % Related Terms
Thank you for viewing the detailed overview of Tandem Diabetes Care's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tandem Diabetes Care (Tandem Diabetes Care) Business Description
Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. Nearly three quarters of total revenue is derived from the U.S., with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TNDM has been successfully added to your 