Hologic Inc (HOLX)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 882,600 | 668,400 | 1,640,200 | 2,480,300 | 1,105,000 |
| Revenue | US$ in thousands | 4,030,300 | 4,030,400 | 4,862,800 | 5,632,300 | 3,776,400 |
| Operating profit margin | 21.90% | 16.58% | 33.73% | 44.04% | 29.26% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $882,600K ÷ $4,030,300K
= 21.90%
The operating profit margin of Hologic Inc has fluctuated over the past five years. In 2024, the operating profit margin was 21.90%, showing an increase from the previous year's 16.58%. This suggests an improvement in the company's efficiency in generating profits from its core operations. However, compared to the higher levels seen in 2021 and 2020, the operating profit margin in 2024 is still lower.
The significant decrease in the operating profit margin from 2021 to 2022, dropping from 44.04% to 33.73%, is worth noting. This could indicate a decline in profitability or an increase in operating expenses during that period. The subsequent recovery in 2023 and 2024 suggests that the company may have implemented strategies to enhance operational efficiency and profitability.
Overall, while the operating profit margin of Hologic Inc has shown variability in recent years, maintaining a strong operating profit margin is crucial for the company to remain financially healthy and competitive in its industry. Continued monitoring and analysis of this metric will be essential for assessing the company's financial performance and making informed business decisions.
Peer comparison
Sep 30, 2024