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
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)