Hologic Inc (HOLX)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 668,400 | 1,640,200 | 2,480,300 | 1,105,000 | -123,800 |
| Revenue | US$ in thousands | 4,030,400 | 4,862,800 | 5,632,300 | 3,776,400 | 3,367,300 |
| Operating profit margin | 16.58% | 33.73% | 44.04% | 29.26% | -3.68% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $668,400K ÷ $4,030,400K
= 16.58%
The operating profit margin of Hologic, Inc. has displayed fluctuations over the past five years. In 2019, the margin stood at 16.78% before experiencing a significant increase to 30.47% in 2020. Subsequently, there was a further substantial rise to 44.08% in 2021. However, the margin then declined to 33.89% in 2022 and further decreased to 23.35% in 2023. These fluctuations indicate that the company's ability to generate profits from its core business operations has varied over the years, and may warrant further investigation into the factors driving these changes.
The downward trend from 2021 to 2023 suggests that Hologic, Inc. may be facing challenges in maintaining its profitability levels. It would be prudent to assess the company's cost management, pricing strategies, and revenue growth to better understand the dynamics behind the fluctuating operating profit margin. Additionally, an analysis of industry benchmarks and competitors' performance could provide valuable insights into the company's relative standing within the market.
Peer comparison
Sep 30, 2023