Embecta Corp (EMBC)
Net profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | ||
---|---|---|---|---|
Net income | US$ in thousands | 78,300 | 70,400 | 223,600 |
Revenue | US$ in thousands | 1,118,700 | 1,112,000 | 1,126,300 |
Net profit margin | 7.00% | 6.33% | 19.85% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $78,300K ÷ $1,118,700K
= 7.00%
The net profit margin of Embecta Corp has shown variability over the past three years, with figures of 7.00% in 2024, 6.33% in 2023, and a significant decrease to 19.85% in 2022. This metric indicates the percentage of revenue that translates into net income after accounting for all expenses. The decrease in 2023 suggests potential challenges in controlling costs or maintaining revenue levels. However, the sharp increase in 2022 may indicate effective cost management or a significant increase in revenue that year. Further analysis of the company's financial performance and operational efficiency is recommended to understand the factors driving these fluctuations in the net profit margin.
Peer comparison
Sep 30, 2024