Bruker Corporation (BRKR)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	427,200	296,600	277,100	157,800	197,200
Revenue	US$ in thousands	2,964,500	2,530,700	2,417,900	1,987,500	2,072,600
Net profit margin		14.41%	11.72%	11.46%	7.94%	9.51%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $427,200K ÷ $2,964,500K
= 14.41%

Bruker Corp's net profit margin has shown a generally positive trend over the past five years. The company's net profit margin has increased from 9.51% in 2019 to 14.41% in 2023, indicating improved profitability. This suggests that Bruker Corp has been able to effectively manage its costs and expenses relative to its revenue, resulting in a higher proportion of revenue translating into net profit. The consistent upward trend in net profit margin reflects the company's ability to generate more profit from its operations over time. Overall, the increasing net profit margin is a positive indicator of Bruker Corp's financial performance and efficiency in managing its operations.