Bio-Rad Laboratories Inc (BIO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,844,200 | -637,324 | -3,627,540 | 4,254,260 | 3,814,230 |
| Revenue | US$ in thousands | 2,566,500 | 2,671,260 | 2,802,250 | 2,922,540 | 2,545,630 |
| Net profit margin | -71.86% | -23.86% | -129.45% | 145.57% | 149.83% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-1,844,200K ÷ $2,566,500K
= -71.86%
The net profit margin of Bio-Rad Laboratories Inc has shown significant fluctuations over the past few years. In December 31, 2020, the net profit margin was exceptionally high at 149.83%, indicating that the company generated substantial profits relative to its revenue. However, by December 31, 2021, the net profit margin decreased slightly to 145.57%, still reflecting a strong profitability position.
The trend took a significant downturn by December 31, 2022, as the net profit margin plummeted to -129.45%. A negative net profit margin is a concerning indicator, suggesting that the company's expenses exceeded its revenue, resulting in a net loss. The following year, the net profit margin improved but remained negative at -23.86% by December 31, 2023, indicating ongoing challenges in recovering profitability.
By December 31, 2024, the net profit margin further deteriorated to -71.86%, signifying continued struggles in generating profits relative to revenue. Overall, the fluctuating net profit margins of Bio-Rad Laboratories Inc highlight the company's volatility in profitability and underscore the importance of closely monitoring and addressing factors affecting its financial performance.
Peer comparison
Dec 31, 2024