CONMED Corporation (CNMD)

Net profit margin

		Dec 31, 2024	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
Net income (ttm)	US$ in thousands	132,424	131,740	98,593	82,349	64,459	57,972	88,285	-93,738	-80,582	-82,722	-113,924	67,657	62,542	62,238	54,140	13,450	9,517	310	430	33,525
Revenue (ttm)	US$ in thousands	1,305,025	1,286,126	1,274,003	1,260,907	1,244,743	1,168,565	1,139,075	1,098,613	1,045,472	1,068,576	1,042,315	1,020,286	1,010,636	989,493	978,501	881,125	862,458	874,495	870,250	950,728
Net profit margin		10.15%	10.24%	7.74%	6.53%	5.18%	4.96%	7.75%	-8.53%	-7.71%	-7.74%	-10.93%	6.63%	6.19%	6.29%	5.53%	1.53%	1.10%	0.04%	0.05%	3.53%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $132,424K ÷ $1,305,025K
= 10.15%

Net profit margin is a key financial metric that indicates the percentage of revenue that translates into profit after all expenses have been deducted. Looking at the historical data for CONMED Corporation, we observe fluctuations in the net profit margin over time.

From March 31, 2020, to June 30, 2022, CONMED experienced varying levels of net profit margin, with margins ranging from negative values to single-digit percentages. Notably, the company faced challenges in maintaining positive net profit margins during this period.

However, starting from March 31, 2023, CONMED's net profit margin began to improve consistently. The company showed positive growth trends in its profitability with margins gradually increasing from negative figures to double-digit percentages by the end of December 31, 2024.

Overall, the recent upward trend in net profit margin indicates that CONMED has been able to effectively manage its expenses and generate higher profits relative to its revenue. This improvement bodes well for the company's financial health and may suggest positive developments in its operational efficiency and profitability.