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

Company name
Symbol
Net profit margin
The Cooper Companies Inc.
COO
8.17%
National Vision Holdings Inc
EYE
-3.10%
STAAR Surgical Company
STAA
6.62%