Trinity Biotech Gross Margin Growth & History (TRIB)

Trinity Biotech's gross margin was 34.83% for fiscal 2024.

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Trinity Biotech annual gross margin history

Trinity Biotech annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-3134.83%+0.61 pp
20232023-12-3134.22%+6.60 pp
20222022-12-3127.62%−13.61 pp
20212021-12-3141.23%−6.41 pp
20202020-12-3147.64%+5.48 pp
20192019-12-3142.15%−0.56 pp
20182018-12-3142.72%+0.46 pp
20172017-12-3142.25%−1.40 pp
20162016-12-3143.65%−2.77 pp
20152015-12-3146.42%

Trinity Biotech gross margin trends

Over the last five reported fiscal years, Trinity Biotech's gross margin decreased from 42.15% to 34.83%, a change of −7.32 percentage points. The latest reported quarter, Q2 2018, shows 43.23%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Trinity Biotech filings at SEC.gov ↗