Cencora Inc. (COR)
Net profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 855,365 | 956,034 | 929,884 |
| Revenue (ttm) | US$ in thousands | 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 | 179,589,200 | 177,248,500 | 175,151,500 |
| Net profit margin | 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% | 0.48% | 0.54% | 0.53% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,867,048K ÷ $271,579,300K
= 0.69%
Net profit margin is a crucial measure of a company's profitability and efficiency in managing its operating expenses. Analyzing Cencora Inc.'s net profit margin over the past eight quarters reveals a fluctuating trend. From March 31, 2022, to June 30, 2023, the net profit margin ranged from 0.65% to 0.78%, indicating some variability in the company's ability to convert its revenue into profit.
The decreasing trend from the highest net profit margin of 0.78% in June 2022 to the lowest of 0.65% in March 2023 suggests a potential inefficiency in cost management or a decline in sales relative to costs. However, it is important to note that the margins are relatively narrow, indicating that the company may be facing challenges in maintaining profitability.
The recent uptick in net profit margin to 0.69% in December 2023, after a period of decline, could be a positive sign, but further analysis of the company's cost structure and revenue sources is warranted to understand the factors driving these fluctuations. Overall, Cencora Inc.'s net profit margin demonstrates variability, and it would be beneficial to monitor this metric closely to assess the company's financial performance and profitability in the future.
Peer comparison
Dec 31, 2023