Integra LifeSciences Holdings (IART)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	67,741	180,550	169,075	133,892	50,201
Revenue	US$ in thousands	1,486,360	1,506,670	1,533,950	1,298,690	1,461,480
Net profit margin		4.56%	11.98%	11.02%	10.31%	3.43%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $67,741K ÷ $1,486,360K
= 4.56%

The net profit margin of Integra Lifesciences Holdings Corp has shown variability over the past five years. In 2023, the net profit margin decreased to 4.39% from the previous year's 11.59%, indicating a significant decline in profitability. However, it is still higher than the margins reported in 2019 and 2020, signifying an improvement compared to those years. Overall, the company's net profit margin has fluctuated, suggesting changing levels of efficiency in managing costs and generating profits. Further analysis of the underlying factors driving these fluctuations would provide more insights into the company's financial performance.