The Cooper Companies Inc. (COO)
Net profit margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 290,800 | 294,200 | 275,300 | 288,400 | 375,200 | 385,900 | 430,600 | 948,000 | 938,900 | 2,944,700 | 2,915,600 | 2,355,000 | 2,249,000 | 238,400 | 278,200 | 343,100 | 454,000 | 466,700 | 446,300 | 427,000 |
| Revenue (ttm) | US$ in thousands | 3,557,200 | 3,487,900 | 3,390,400 | 3,313,300 | 3,281,000 | 3,229,200 | 3,174,500 | 3,106,000 | 3,000,400 | 2,893,900 | 2,826,900 | 2,641,600 | 2,440,300 | 2,400,800 | 2,410,800 | 2,501,000 | 2,643,200 | 2,636,700 | 2,596,600 | 2,593,900 |
| Net profit margin | 8.17% | 8.43% | 8.12% | 8.70% | 11.44% | 11.95% | 13.56% | 30.52% | 31.29% | 101.76% | 103.14% | 89.15% | 92.16% | 9.93% | 11.54% | 13.72% | 17.18% | 17.70% | 17.19% | 16.46% |
January 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $290,800K ÷ $3,557,200K
= 8.17%
The net profit margin of Cooper Companies, Inc. has shown a declining trend over the past quarters. In Q1 2024, the net profit margin stood at 7.93%, which was slightly lower than the 8.19% in Q4 2023 and 8.41% in Q2 2023. This decline is significant compared to the robust net profit margins of 11.10% in Q1 2023, 11.66% in Q4 2022, and 13.37% in Q3 2022.
The substantial decrease in the net profit margin from Q3 2022 to Q4 2022, and the subsequent sharp decline in Q1 2023, followed by a gradual downward trend up to Q1 2024, raises concerns about the company's profitability. The net profit margin in Q2 2022 was notably higher at 30.20%, indicating a significant drop over the subsequent quarters.
This continuous decline in the net profit margin could be a result of various internal and external factors affecting the company's financial performance, such as increasing expenses, pricing pressure, or changes in revenue streams. It would be advisable for stakeholders to closely monitor this trend and investigate the underlying reasons to ensure the sustainability of Cooper Companies, Inc.'s profitability in the future.
Peer comparison
Jan 31, 2024