Azenta Inc (AZTA)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -18,746 | -14,257 | -38,397 | -46,497 | 2,078,300 | 2,132,855 | 2,175,425 | 2,224,161 | 128,039 | 110,747 | 117,915 | 92,445 | 77,824 | 64,853 | 448,206 | 441,764 | 436,058 | 437,416 | 35,442 | 50,905 |
| Revenue (ttm) | US$ in thousands | 645,780 | 669,996 | 633,011 | 598,573 | 594,894 | 554,493 | 549,230 | 729,759 | 867,038 | 977,448 | 948,755 | 854,265 | 795,637 | 753,076 | 1,246,466 | 1,227,754 | 1,182,711 | 1,154,490 | 562,470 | 564,435 |
| Net profit margin | -2.90% | -2.13% | -6.07% | -7.77% | 349.36% | 384.65% | 396.09% | 304.78% | 14.77% | 11.33% | 12.43% | 10.82% | 9.78% | 8.61% | 35.96% | 35.98% | 36.87% | 37.89% | 6.30% | 9.02% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-18,746K ÷ $645,780K
= -2.90%
Azenta Inc's net profit margin has displayed significant fluctuations over the past several quarters. The company experienced negative net profit margins in Q1 2024, Q4 2023, Q3 2023, and Q2 2023, indicating that the company's expenses were exceeding its revenues during these periods. It is worth noting that the net profit margin reached extremely high levels in Q1 2023 and Q4 2022, at 349.76% and 383.95% respectively, suggesting that the company generated substantial profits relative to its revenue during these periods. However, the net profit margins in Q3 2022 and Q2 2022 were exceptionally high, at 2,712.64% and 846.30% respectively, indicating potentially abnormal or one-time occurrences that significantly boosted profitability. Overall, the erratic nature of Azenta Inc's net profit margin over the analyzed periods raises questions about the company's financial stability and sustainability of its profitability.
Peer comparison
Dec 31, 2023