Enovis Corp (ENOV)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -33,261 | -74,828 | -138,560 | -51,710 | -13,292 | 23,404 | 115,864 | 67,651 | 71,657 | 106,776 | 95,123 | 58,434 | 44,868 | -5,207 | -8,928 | -470,115 | -527,646 | -464,889 | -444,053 | 63,638 |
| Revenue (ttm) | US$ in thousands | 1,686,970 | 1,644,437 | 1,618,961 | 1,609,752 | 2,233,580 | 2,223,925 | 2,803,536 | 3,374,247 | 3,230,088 | 3,659,152 | 3,499,192 | 3,133,624 | 3,070,769 | 3,131,020 | 3,171,608 | 3,459,895 | 3,327,458 | 3,424,311 | 3,101,814 | 2,754,024 |
| Net profit margin | -1.97% | -4.55% | -8.56% | -3.21% | -0.60% | 1.05% | 4.13% | 2.00% | 2.22% | 2.92% | 2.72% | 1.86% | 1.46% | -0.17% | -0.28% | -13.59% | -15.86% | -13.58% | -14.32% | 2.31% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-33,261K ÷ $1,686,970K
= -1.97%
The net profit margin of Enovis Corp has fluctuated over the past eight quarters, ranging from -14.15% to 3.40%. In the most recent quarter, Q4 2023, the net profit margin was -1.95%, showing a slight improvement compared to the previous quarter. However, the company has been experiencing challenges in maintaining positive net profit margins, with negative margins in three out of the last four quarters. This trend indicates that Enovis Corp may be facing difficulties in generating sufficient profits relative to its revenue. Further analysis of the company's expenses and revenue sources is necessary to understand the factors contributing to these fluctuations in net profit margins.
Peer comparison
Dec 31, 2023