Hologic Inc (HOLX)

Net profit margin

Sep 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 Dec 31, 2019 Sep 30, 2019
Net income (ttm) US$ in thousands 789,500 466,500 515,100 456,000 484,100 753,000 990,200 1,302,000 1,512,100 1,551,800 1,715,500 1,869,700 2,034,400 1,902,700 1,378,100 1,110,500 493,500 451,000 83,600 -203,600
Revenue (ttm) US$ in thousands 4,030,300 3,960,600 3,969,300 4,030,400 4,038,300 4,056,600 4,465,800 4,862,700 5,226,100 5,391,700 5,493,600 5,632,300 5,662,700 5,317,300 4,535,800 3,776,500 3,295,300 3,324,800 3,387,100 3,367,300
Net profit margin 19.59% 11.78% 12.98% 11.31% 11.99% 18.56% 22.17% 26.78% 28.93% 28.78% 31.23% 33.20% 35.93% 35.78% 30.38% 29.41% 14.98% 13.56% 2.47% -6.05%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $789,500K ÷ $4,030,300K
= 19.59%

Hologic Inc's net profit margin has shown some fluctuations over the past few quarters. The net profit margin indicates the percentage of revenue that translates into net income.

In the most recent quarter, ending in September 2024, the net profit margin was 19.59%, showing a significant increase from the previous quarter's 11.78%. This rise suggests that the company became more efficient in managing its expenses relative to its revenue, resulting in higher profitability.

Looking back over the past few years, the net profit margin has generally trended positively, with some quarters exhibiting exceptionally high margins, such as 35.93% in March 2021 and 33.20% in September 2021. These figures indicate that the company has demonstrated strong profitability in those periods.

However, there have been some quarters with lower net profit margins, with the margins dropping significantly in some instances, like the negative 6.05% in September 2019. These lower margins could be attributed to various factors such as increased expenses, lower revenue, or one-time charges impacting profitability.

Overall, Hologic Inc's net profit margin performance has been mixed, but the recent upward trend is a positive sign for investors and stakeholders as it indicates improved operational efficiency and profitability.


Peer comparison

Sep 30, 2024

Company name
Symbol
Net profit margin
Hologic Inc
HOLX
19.59%
GE HealthCare Technologies Inc.
GEHC
8.27%