Cencora Inc. (COR)

Operating 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
Operating income (ttm)	US$ in thousands	2,530,463	2,340,731	2,318,309	2,135,478	2,355,116	2,366,378	2,473,754	2,607,184	2,451,374	2,354,197	-4,320,838	-4,536,734	-4,851,566	-5,135,357	1,157,624	1,159,487	897,537	1,111,923	1,086,179	1,068,680
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
Operating profit margin		0.93%	0.89%	0.91%	0.86%	0.97%	0.99%	1.05%	1.14%	1.11%	1.10%	-2.11%	-2.31%	-2.49%	-2.70%	0.62%	0.62%	0.49%	0.62%	0.61%	0.61%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,530,463K ÷ $271,579,300K
= 0.93%

The operating profit margin for Cencora Inc. has been relatively stable over the past year. The trend shows a slight decrease in the margin from 1.35% in March 2022 to 1.03% in December 2023. This indicates that the company's operating profit as a percentage of its revenue has declined. Although the margins are relatively low, the consistency suggests that the company is effectively managing its operational costs and generating consistent profits. However, the decreasing trend may require further investigation into the factors impacting the company's profitability.

Peer comparison

Dec 31, 2023

Company name

Symbol

Operating profit margin

Cencora Inc.

COR

0.93%

Nu Skin Enterprises Inc

NUS

2.48%