Becton Dickinson and Company (BDX)
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 | ||
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Net income (ttm) | US$ in thousands | 1,256,000 | 1,484,000 | 1,664,000 | 1,617,000 | 1,611,000 | 1,779,000 | 1,756,000 | 1,921,000 | 1,766,000 | 2,092,000 | 1,955,000 | 1,716,000 | 1,600,000 | 875,000 | 910,000 | 1,075,000 | 912,000 | 1,233,000 | 935,000 | 1,078,000 |
Revenue (ttm) | US$ in thousands | 19,492,000 | 19,372,000 | 19,046,000 | 18,809,000 | 18,738,000 | 18,870,000 | 18,958,000 | 18,924,000 | 19,081,000 | 19,678,000 | 19,613,000 | 18,861,000 | 18,207,000 | 17,117,000 | 16,917,000 | 17,412,000 | 17,354,000 | 17,289,000 | 17,107,000 | 17,035,000 |
Net profit margin | 6.44% | 7.66% | 8.74% | 8.60% | 8.60% | 9.43% | 9.26% | 10.15% | 9.26% | 10.63% | 9.97% | 9.10% | 8.79% | 5.11% | 5.38% | 6.17% | 5.26% | 7.13% | 5.47% | 6.33% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,256,000K ÷ $19,492,000K
= 6.44%
The net profit margin of Becton Dickinson & Co. has shown some fluctuations over the past eight quarters. In Q1 2024, the net profit margin was 6.25%, which was lower compared to the previous quarter. This decrease follows a trend of lower net profit margins observed over the past few quarters, indicating potential challenges in maintaining profitability.
Q4 2023 saw a slight improvement in the net profit margin to 7.35%, but this was still lower than the levels seen in earlier periods. The company experienced a peak in net profit margin in Q4 2022 at 8.96%, but since then, there has been a downward trend in profitability.
It is important to note that while the net profit margin has been fluctuating, it has generally been above 8% over the past eight quarters. This indicates that Becton Dickinson & Co. has been able to generate a reasonable level of profit relative to its revenue during this period, despite the recent dip.
Overall, a careful examination of the underlying factors driving these fluctuations in net profit margin, such as changes in costs, revenues, or other financial metrics, would provide a more comprehensive understanding of the company's financial performance.
Peer comparison
Dec 31, 2023
See also:
Becton Dickinson and Company Net Profit Margin (Quarterly Data)