Hologic Inc (HOLX)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 456,000 | 1,302,000 | 1,871,500 | 1,115,200 | -203,600 |
| Revenue | US$ in thousands | 4,030,400 | 4,862,800 | 5,632,300 | 3,776,400 | 3,367,300 |
| Net profit margin | 11.31% | 26.77% | 33.23% | 29.53% | -6.05% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $456,000K ÷ $4,030,400K
= 11.31%
The net profit margin for Hologic, Inc. has exhibited fluctuations over the past five years. In 2023, the net profit margin decreased to 11.31% from 26.77% in 2022, which suggests a decline in the company's ability to convert revenue into profit. This decrease may indicate higher expenses or lower sales revenues compared to the previous year. The significant drop from 33.23% in 2021 to 11.31% in 2023 is noteworthy and may warrant further investigation into the company's cost structure, pricing strategy, or operational efficiency. It's also important to note that in 2019, the company reported a negative net profit margin, indicating a loss. Overall, these fluctuations in net profit margin merit further analysis to identify the underlying factors impacting the company's profitability.
Peer comparison
Sep 30, 2023