Embecta Corp (EMBC)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Net income (ttm)	US$ in thousands	55,300	70,400	-18,600	28,600	94,200	157,800
Revenue (ttm)	US$ in thousands	1,116,800	1,115,200	1,110,600	1,115,600	1,108,100	1,123,300
Net profit margin		4.95%	6.31%	-1.67%	2.56%	8.50%	14.05%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $55,300K ÷ $1,116,800K
= 4.95%

Embecta Corp's net profit margin has shown variability over the past six quarters. The net profit margin was relatively strong at 14.05% in September 2022 but decreased to 8.50% by the end of December 2022. Subsequently, the net profit margin declined further to 2.56% in March 2023 before showing a slight recovery to -1.67% in June 2023. However, the net profit margin improved to 6.31% in September 2023 and then decreased to 4.95% by December 2023.

Overall, the trend in Embecta Corp's net profit margin indicates fluctuations in profitability over the quarters under review. It seems the company has experienced challenges in maintaining consistent profitability during this period, with some quarters showing substantial declines in net profit margin. Further analysis of the company's financial performance and operational efficiency may be necessary to identify the factors contributing to these fluctuations.