Company / Gross Margin
ASURE SOFTWARE INC Gross Margin History
FY2013-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
71.8%
FY2023
5-year range
59.2% / 76.8%
FY2019-FY2023
Trend
+17.3%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has fluctuated over the past 10 years, ranging from 59.2% in FY2020 to 77.2% in FY2017.
Based on SEC 10-K filings.
71.8% in FY2023 with a 10-year CAGR of -5.3%.
Improved from 59.2% to 71.8% over the past 3 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +12.6pp
- 5-Year Change
- -5.0pp
- 10-Year Change
- -5.3pp
Key checks
Key Insights
- In FY2023, gross margin increased 17.3% year-over-year.
- Peak gross margin was recorded in FY2017.
- Lowest gross margin in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.05 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | 71.8% | +17.3% |
| FY2021 | 61.2% | +3.4% |
| FY2020 | 59.2% | -4.6% |
| FY2019 | 62.1% | -19.2% |
| FY2018 | 76.8% | -0.4% |
| FY2017 | 77.2% | +6.1% |
| FY2016 | 72.7% | -5.3% |
| FY2015 | 76.8% | +2.7% |
| FY2014 | 74.8% | -3.0% |
| FY2013 | 77.1% | -2.5% |
As of FY2023 · SEC 10-K Annual Filings · Updated Jun 24, 2026