Avanos Medical Inc (AVNS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -392,100 | -61,800 | 50,500 | 6,300 | -27,200 |
| Revenue | US$ in thousands | 687,800 | 673,300 | 820,000 | 744,600 | 714,800 |
| Net profit margin | -57.01% | -9.18% | 6.16% | 0.85% | -3.81% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-392,100K ÷ $687,800K
= -57.01%
The net profit margin of Avanos Medical Inc has experienced fluctuations over the years based on the provided data.
- As of December 31, 2020, the net profit margin was -3.81%, indicating that the company had a net loss relative to its revenue.
- By December 31, 2021, the net profit margin improved to 0.85%, showing a small profit margin compared to the revenue generated.
- The net profit margin significantly increased to 6.16% by December 31, 2022, indicating a healthier profitability ratio for the company.
- However, by December 31, 2023, the net profit margin declined sharply to -9.18%, suggesting a loss relative to revenue.
- The most recent data point, as of December 31, 2024, reflects a substantial decrease in the net profit margin to -57.01%, indicating a significant decline in profitability and potential financial challenges for Avanos Medical Inc.
Overall, the fluctuating trend in the net profit margin highlights the importance of closely monitoring and analyzing the company's financial performance to understand the underlying factors driving these changes and take appropriate corrective actions.
Peer comparison
Dec 31, 2024