Enovis Corp (ENOV)
Net profit margin
| Dec 31, 2024 | 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 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -825,494 | -119,193 | -90,552 | -81,909 | -32,757 | -90,557 | -154,289 | -23,643 | 14,271 | 67,200 | 159,660 | 67,651 | 71,657 | 106,776 | 94,334 | 57,218 | 42,625 | -7,450 | -10,382 | -471,142 |
| Revenue (ttm) | US$ in thousands | 2,107,623 | 2,001,668 | 1,913,970 | 1,817,312 | 1,707,197 | 1,660,890 | 1,627,180 | 1,593,795 | 2,211,014 | 2,825,571 | 3,407,648 | 3,998,459 | 3,854,300 | 3,659,152 | 3,499,192 | 3,133,624 | 3,070,769 | 3,131,020 | 3,171,608 | 3,459,895 |
| Net profit margin | -39.17% | -5.95% | -4.73% | -4.51% | -1.92% | -5.45% | -9.48% | -1.48% | 0.65% | 2.38% | 4.69% | 1.69% | 1.86% | 2.92% | 2.70% | 1.83% | 1.39% | -0.24% | -0.33% | -13.62% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-825,494K ÷ $2,107,623K
= -39.17%
Enovis Corp's net profit margin has fluctuated significantly over the reporting periods provided. The margin went from negative values in the range of -13.62% to -0.24% in the first half of 2020, indicating that the company was experiencing losses or very low profitability during that time.
However, there was a noticeable improvement starting in December 2020, with the net profit margin turning positive and gradually increasing to reach a peak of 4.69% in June 2022. This positive trend suggested an enhancement in Enovis Corp's ability to generate profits relative to its revenue during this period.
Subsequently, there was a decline in the net profit margin, with negative values reappearing starting from March 2023 and deteriorating further to hit a low of -39.17% by the end of December 2024. This downward trend may indicate challenges or inefficiencies that the company faced in controlling its costs or maintaining profitability.
Overall, Enovis Corp's net profit margin analysis shows a mix of positive and negative trends over the periods analyzed, highlighting the company's fluctuating profitability performance. Further investigation into the factors influencing these fluctuations would be necessary to understand the underlying reasons behind the observed changes in the net profit margin.
Peer comparison
Dec 31, 2024