Hologic Inc (HOLX)
Operating profit margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 604,200 | 668,400 | 676,800 | 939,300 | 1,261,300 | 1,640,200 | 1,938,800 | 2,033,500 | 2,236,200 | 2,480,400 | 2,673,700 | 2,506,100 | 1,865,700 | 1,105,000 | 385,700 | 340,000 | -139,600 | -123,900 | 61,600 | 49,400 |
| Revenue (ttm) | US$ in thousands | 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 | 3,315,000 | 3,286,600 |
| Operating profit margin | 15.22% | 16.58% | 16.76% | 23.15% | 28.24% | 33.73% | 37.10% | 37.72% | 40.71% | 44.04% | 47.22% | 47.13% | 41.13% | 29.26% | 11.70% | 10.23% | -4.12% | -3.68% | 1.86% | 1.50% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $604,200K ÷ $3,969,300K
= 15.22%
Hologic Inc's operating profit margin has displayed fluctuations over the period under review. The operating profit margin started relatively high at 40.71% in December 2021 and gradually declined to 15.22% by December 2023. The trend indicates a general decrease in the proportion of revenue retained as operating profit over time.
During the fiscal year 2022, there was a significant peak in the operating profit margin, reaching as high as 47.22% in June 2021. This peak was followed by a gradual decline to 15.22% by December 2023. The company experienced a downward trend throughout the year 2023.
There was a notable increase in operating profit margin in the first half of fiscal year 2022, with margins consistently above 30%. However, the operating profit margin started to decline in the second half of 2022 and continued to decrease into 2023.
Overall, the operating profit margin performance of Hologic Inc shows variability and a general downward trend over the period, with fluctuations that may warrant further investigation into the company's operational efficiencies and cost management strategies.
Peer comparison
Dec 31, 2023