Embecta Corp (EMBC)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 78,300 | 69,700 | 70,200 | 55,300 | 70,400 | -18,600 | 28,600 | 94,200 | 157,800 |
Revenue (ttm) | US$ in thousands | 1,117,100 | 1,113,300 | 1,126,900 | 1,116,800 | 1,115,200 | 1,110,600 | 1,115,600 | 1,108,100 | 1,123,300 |
Net profit margin | 7.01% | 6.26% | 6.23% | 4.95% | 6.31% | -1.67% | 2.56% | 8.50% | 14.05% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $78,300K ÷ $1,117,100K
= 7.01%
Embecta Corp's net profit margin has shown fluctuations over the past several quarters. The net profit margin indicates the company's profitability after all expenses have been accounted for.
In the most recent quarter, ending September 30, 2024, the net profit margin was 7.01%, which suggests that the company generated $0.0701 in profit for every dollar of revenue. This represents an improvement compared to the previous quarter's net profit margin of 6.26% from June 30, 2024.
However, it is important to note that the net profit margin has not been consistent over the past year. The company experienced a significant decline in profitability in the first quarter of 2023, with a negative net profit margin of -1.67%. This was followed by a gradual recovery in subsequent quarters.
Looking back further, the net profit margin was much higher in the past, reaching 14.05% in the third quarter of 2022. The downward trend in profitability since then may raise concerns regarding the company's operational efficiency and cost management.
Overall, the analysis of Embecta Corp's net profit margin highlights the need for the company to focus on improving profitability through effective cost control measures and revenue generation strategies in order to sustain and enhance its financial performance.
Peer comparison
Sep 30, 2024