Becton Dickinson and Company (BDX)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,705,000 | 1,413,000 | 1,333,000 | 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 |
| Revenue (ttm) | US$ in thousands | 20,178,000 | 19,828,000 | 19,716,000 | 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 |
| Net profit margin | 8.45% | 7.13% | 6.76% | 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% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,705,000K ÷ $20,178,000K
= 8.45%
The net profit margin of Becton Dickinson and Company has shown variability over the past few quarters. It ranged from a low of 5.11% in December 2020 to a high of 10.63% in March 2022. The trend indicates that the company's profitability has fluctuated, possibly due to factors such as changes in revenue, costs, or operational efficiency.
It is noteworthy that the net profit margin has generally been above 6% in recent quarters, implying that the company has been able to maintain a healthy level of profitability relative to its revenue. However, there was a dip in the margin in the most recent quarter (September 2024) to 8.45%, which is still a respectable level but lower than the previous quarter.
Overall, Becton Dickinson and Company's net profit margin performance suggests a level of stability with some fluctuations over time. Investors and stakeholders may want to monitor future financial results to assess the company's ability to sustain or potentially improve its profitability.
Peer comparison
Sep 30, 2024
See also:
Becton Dickinson and Company Net Profit Margin (Quarterly Data)