Haemonetics Corporation (HAE)
Net profit margin
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 167,679 | 117,558 | 115,401 | 43,375 | 79,469 |
Revenue | US$ in thousands | 1,360,820 | 1,309,060 | 1,168,660 | 993,196 | 870,463 |
Net profit margin | 12.32% | 8.98% | 9.87% | 4.37% | 9.13% |
March 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $167,679K ÷ $1,360,820K
= 12.32%
The net profit margin of Haemonetics Corporation has exhibited fluctuations over the past five years. In March 2021, the net profit margin stood at 9.13%, indicating that the company retained approximately 9.13% of its total revenue as profit after all expenses were deducted. This margin decreased to 4.37% by March 2022, signaling a significant drop in profitability. However, there was a notable recovery in March 2023, with the net profit margin increasing to 9.87%. The margin then slightly declined to 8.98% by March 2024.
The most recent data from March 2025 shows a substantial improvement in profitability, with the net profit margin reaching 12.32%. This suggests that Haemonetics Corporation has efficiently managed its costs and expenses relative to its revenue, resulting in higher profitability. Overall, the fluctuation in the net profit margin over the years indicates that the company has experienced varying degrees of efficiency in generating profits from its operations.
Peer comparison
Mar 31, 2025