ICU Medical Inc (ICUI)

Net 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
Net income (ttm)	US$ in thousands	-29,655	-28,044	-48,490	-46,030	-74,286	-38,825	5,464	41,336	103,135	109,352	103,257	93,767	86,870	81,369	82,946	86,871	101,035	73,039	46,695	54,916
Revenue (ttm)	US$ in thousands	2,259,126	2,249,284	2,293,830	2,305,524	2,279,997	2,042,508	1,780,711	1,541,384	1,316,308	1,296,234	1,278,741	1,260,443	1,271,004	1,266,076	1,254,980	1,263,883	1,266,208	1,291,063	1,310,761	1,358,939
Net profit margin		-1.31%	-1.25%	-2.11%	-2.00%	-3.26%	-1.90%	0.31%	2.68%	7.84%	8.44%	8.07%	7.44%	6.83%	6.43%	6.61%	6.87%	7.98%	5.66%	3.56%	4.04%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-29,655K ÷ $2,259,126K
= -1.31%

To analyze ICU Medical, Inc.'s net profit margin over the past eight quarters, we observe fluctuations in the profitability of the company. The net profit margin, representing the percentage of revenue that translates into profit after accounting for all expenses and taxes, has shown variability.

In Q4 2023 and Q3 2023, the net profit margin was -1.31% and -1.25%, respectively, indicating that the company experienced losses during these periods. This trend continued from Q1 2023 and Q2 2023, where the net profit margin stood at -2.00% and -2.11%, respectively.

Comparatively, in Q2 2022 and Q1 2022, ICU Medical, Inc. had positive net profit margins of 0.31% and 2.68%, respectively. This suggests better profitability during these periods, with Q1 2022 demonstrating the highest net profit margin among the quarters analyzed.

Overall, the trend indicates fluctuations in ICU Medical, Inc.'s profitability over the recent quarters, with a mix of positive and negative net profit margins. Further analysis of the company's financial performance and cost management strategies could provide insights into the factors driving these variations in net profit margin.