ICU Medical Inc (ICUI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -117,688 | -29,655 | -74,286 | 103,135 | 86,870 |
| Revenue | US$ in thousands | 2,382,050 | 2,259,130 | 2,280,000 | 1,316,310 | 1,271,000 |
| Net profit margin | -4.94% | -1.31% | -3.26% | 7.84% | 6.83% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-117,688K ÷ $2,382,050K
= -4.94%
Based on the provided data, the net profit margin of ICU Medical Inc has exhibited fluctuations over the years. In 2020, the net profit margin stood at 6.83%, showing a moderate level of profitability. Subsequently, in 2021, there was an improvement as the net profit margin increased to 7.84%, indicating a more favorable profitability level.
However, the company faced challenges in the following years, as reflected by negative net profit margins. In 2022, the net profit margin was -3.26%, indicating that the company experienced a loss in that year. The negative trend continued in 2023 and 2024, with net profit margins of -1.31% and -4.94% respectively, suggesting ongoing financial difficulties.
Overall, the fluctuating net profit margins of ICU Medical Inc highlight the importance of closely monitoring and addressing factors impacting profitability to ensure long-term financial sustainability and performance.
Peer comparison
Dec 31, 2024