Cencora Inc. (COR)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,175,250 | 2,340,730 | 2,366,380 | 2,354,200 | -5,135,350 |
| Revenue | US$ in thousands | 293,959,000 | 262,173,000 | 238,587,000 | 213,989,000 | 189,894,000 |
| Operating profit margin | 0.74% | 0.89% | 0.99% | 1.10% | -2.70% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,175,250K ÷ $293,959,000K
= 0.74%
The operating profit margin of Cencora Inc. has exhibited a fluctuating trend over the past five years. In September 2024, the operating profit margin stood at 0.74%, representing a slight decrease compared to the previous year's figure of 0.89%. This decline suggests a potential decrease in the company's ability to generate profits from its core operations in the most recent year.
Comparing the operating profit margin to earlier years, there has been a gradual decline in profitability since September 2020, where the margin was notably negative at -2.70%. This negative value indicates that the company's operating expenses exceeded its operating income in that particular year.
The decreasing trend in the operating profit margin over the past five years may raise concerns about the company's operational efficiency and ability to maintain profitability. Further analysis and comparison with industry benchmarks could provide additional insights into Cencora Inc.'s financial performance and competitive position within its sector.
Peer comparison
Sep 30, 2024