Azenta Inc (AZTA)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -200,678 | -73,126 | -24,735 | -31,089 | -36,600 |
| Revenue | US$ in thousands | 650,019 | 667,215 | 2,683,250 | 501,137 | 887,939 |
| Operating profit margin | -30.87% | -10.96% | -0.92% | -6.20% | -4.12% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-200,678K ÷ $650,019K
= -30.87%
Azenta Inc's operating profit margin has shown a varying trend over the past five years. The operating profit margin was -30.87% in 2024, indicating that the company's operating expenses exceeded its operating income significantly. This represents a deterioration from the previous year when the operating profit margin was -10.96%.
In 2022, the operating profit margin was -0.92%, showing a slight improvement compared to 2021 when it was -6.20%. However, despite the improvement from 2021 to 2022, the company still struggled to generate a positive operating profit margin.
The best performance in terms of operating profit margin was observed in 2020 when it was -4.12%, which indicates that the company's operating expenses were relatively lower compared to its operating income.
Overall, Azenta Inc's operating profit margin has been negative in all the years presented in the data, with substantial fluctuations. This suggests that the company may be facing challenges in managing its operating expenses effectively to generate a positive operating profit margin. Further investigation and analysis of the company's cost structure and revenue streams may be needed to improve its financial performance.
Peer comparison
Sep 30, 2024