TECHNEUTRAL

Gross Margin

66.9%

Higher than 38% of Healthcare sector peers

Updated 29h ago

Sector Performance

38th percentile

TECH

66.9%

Sector Median

69.8%

Sector Avg

-24.1%

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Deep Analysis

Gross margin measures the percentage of revenue a company retains after covering the direct costs of producing its goods—here, 66.9% means Bio-Techne keeps $0.669 of each sales dollar as gross profit.

This figure sits below the healthcare sector median of 69.8%, placing the company in the 38th percentile among its peers, indicating it is less profitable on a gross basis than most comparable firms. Trend data is not available for this metric: both the year-over-year and quarter-over-quarter changes are listed as N/A, and only a single historical value is provided, so no direction can be assessed. The combination of a below-median gross margin with no observable trend leaves uncertainty—there is no evidence of improvement or deterioration, which neither signals a clear risk nor a clear opportunity. This neutral positioning aligns with the overall NEUTRAL verdict on the stock, as the gross margin alone does not provide a decisive positive or negative signal.

Frequently Asked Questions

What does the Gross Margin tell investors about TECH?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

How does TECH's Gross Margin compare to its sector?

TECH's Gross Margin of 66.9% compares to a Healthcare sector median of 69.8%, placing it in the 38th percentile.

Who are TECH's closest peers by Gross Margin?

The closest Healthcare peers by Gross Margin include: BMY (70.2%), AMGN (68.2%), TDOC (67.8%), RMD (62.2%), BAYRY (61.0%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.