Hologic Inc (HOLX)
Net profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 789,500 | 456,000 | 1,302,000 | 1,871,500 | 1,115,200 |
Revenue | US$ in thousands | 4,030,300 | 4,030,400 | 4,862,800 | 5,632,300 | 3,776,400 |
Net profit margin | 19.59% | 11.31% | 26.77% | 33.23% | 29.53% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $789,500K ÷ $4,030,300K
= 19.59%
Hologic Inc's net profit margin has demonstrated fluctuations over the past five years. The net profit margin was highest in the fiscal year ending September 30, 2021, at 33.23%, indicating that the company retained a significant portion of its revenue as profit after accounting for all expenses. This strong performance was followed by a dip in the net profit margin to 29.53% in the subsequent year ending September 30, 2020.
However, in the most recent fiscal year ending September 30, 2024, the net profit margin improved to 19.59%, showing a recovery from the decline observed in the previous year. This suggests that Hologic Inc may have effectively managed its costs and operations to enhance profitability during this period.
Overall, the fluctuations in the net profit margin of Hologic Inc over the analyzed period reflect variations in the company's ability to control costs, generate revenue, and ultimately translate sales into profits. Further analysis of the underlying factors driving these changes would provide deeper insights into the company's financial performance.
Peer comparison
Sep 30, 2024