Embecta Corp (EMBC)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | 166,800 | 221,500 | 309,600 |
| Revenue | US$ in thousands | 1,118,700 | 1,112,000 | 1,126,300 |
| Operating profit margin | 14.91% | 19.92% | 27.49% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $166,800K ÷ $1,118,700K
= 14.91%
The operating profit margin of Embecta Corp has shown a declining trend over the past three years, dropping from 27.49% in 2022 to 19.92% in 2023, and further to 14.91% in 2024. This suggests that the company's ability to generate profits from its core operations relative to its revenue has weakened over time. A decreasing operating profit margin may indicate rising costs, pricing pressures, or inefficiencies in managing operating expenses. It is essential for Embecta Corp to closely monitor its cost structure and implement strategies to improve operational efficiency in order to enhance its profitability in the future.
Peer comparison
Sep 30, 2024