The Cooper Companies Inc. (COO)
Net profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 294,200 | 385,800 | 2,944,700 | 238,400 | 466,700 |
| Revenue | US$ in thousands | 3,487,900 | 3,229,100 | 2,893,900 | 2,392,900 | 2,575,500 |
| Net profit margin | 8.43% | 11.95% | 101.76% | 9.96% | 18.12% |
October 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $294,200K ÷ $3,487,900K
= 8.43%
The net profit margin of Cooper Companies, Inc. has shown some variability in recent years. In 2023, the net profit margin decreased to 8.19% from 11.66% in 2022. This decline indicates that the company's profitability relative to its revenue decreased in 2023.
The unusually high net profit margin of 100.76% in 2021 may be an anomaly or could be attributed to specific events or accounting adjustments during that year. It would be advisable to investigate the underlying reasons behind this exceptional figure.
The net profit margin is a key indicator of a company's operating efficiency and overall profitability, so a thorough understanding of the factors influencing these fluctuations would be essential for a comprehensive analysis.
Peer comparison
Oct 31, 2023