Track Psychemedics's gross profit ($7.1M) with charts, peers, and YoY trends.
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+ FollowAs of Dec 31, 2024
Trailing 12 months ending Dec 31, 2024
Psychemedics (PMD) currently reports a gross profit of $7.1M as of December 2024. That compares with $8.4M in the prior-year period — down 15.6% year over year. That is below the Healthcare sector average of $67B. Use the charts on this page to explore Psychemedics's gross profit history and peer comparisons.
Psychemedics's gross profit decreased from $8.4M to $7.1M — a 15.6% year-over-year decrease (period ending December 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Psychemedics's gross profit of $7.1M is lower than the Healthcare sector average of $67B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Psychemedics reported $7.1M in gross profit as of December 2024. That compares with $8.4M in the prior-year period — down 15.6% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current gross profit of $7.1M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is $67B. From there, open related valuation or income-statement pages for Psychemedics, and consider following PMD for alerts when major investors trade the stock.