Cencora Inc. (COR)
Net profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,509,120 | 1,856,303 | 1,852,421 | 1,867,048 | 1,745,293 | 1,689,465 | 1,616,848 | 1,729,460 | 1,698,820 | 1,841,781 | 1,726,939 | 1,614,192 | 1,539,932 | -3,743,836 | -3,746,519 | -3,221,509 | -3,408,714 | 1,569,975 | 1,582,495 | 649,353 |
| Revenue (ttm) | US$ in thousands | 293,958,600 | 283,830,800 | 276,536,400 | 271,579,300 | 262,173,300 | 254,425,100 | 247,542,700 | 241,804,900 | 238,586,900 | 236,325,200 | 229,666,300 | 221,101,100 | 213,988,900 | 204,321,300 | 196,282,400 | 194,545,800 | 189,893,900 | 186,286,900 | 186,159,400 | 182,061,400 |
| Net profit margin | 0.51% | 0.65% | 0.67% | 0.69% | 0.67% | 0.66% | 0.65% | 0.72% | 0.71% | 0.78% | 0.75% | 0.73% | 0.72% | -1.83% | -1.91% | -1.66% | -1.80% | 0.84% | 0.85% | 0.36% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,509,120K ÷ $293,958,600K
= 0.51%
The net profit margin of Cencora Inc. has shown fluctuation over the periods under review. From Dec 31, 2019, to Jun 30, 2022, the company demonstrated positive net profit margins, with the highest margin of 0.78% in Jun 30, 2022. However, in the subsequent periods, the margins experienced a decline, reaching negative figures in Mar 31, 2021, and Sep 30, 2021. This signified challenges in generating profits relative to revenue during those quarters.
It is noteworthy that the company managed to recover and achieve positive net profit margins from Dec 31, 2021, to Jun 30, 2024, although the margins remained relatively low. The margins ranged from 0.51% to 0.78% in this period, indicating modest profitability levels compared to total revenue. Overall, Cencora Inc. needs to focus on sustaining or improving its profitability levels to ensure long-term financial viability and growth.
Peer comparison
Sep 30, 2024