Masimo Corporation (MASI)
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 | 81,500 | 88,500 | 115,800 | 118,200 | 143,500 | 170,858 | 190,729 | 222,864 | 229,639 | 232,050 | 223,684 | 229,221 | 240,302 | 222,554 | 222,234 | 211,350 | 196,216 | 190,229 | 198,270 | 197,235 |
| Revenue (ttm) | US$ in thousands | 2,047,100 | 2,130,300 | 2,204,300 | 2,322,800 | 2,062,041 | 1,774,419 | 1,519,833 | 1,244,351 | 1,239,153 | 1,206,629 | 1,177,327 | 1,173,162 | 1,143,744 | 1,096,200 | 1,047,099 | 975,798 | 937,837 | 913,459 | 895,031 | 877,000 |
| Net profit margin | 3.98% | 4.15% | 5.25% | 5.09% | 6.96% | 9.63% | 12.55% | 17.91% | 18.53% | 19.23% | 19.00% | 19.54% | 21.01% | 20.30% | 21.22% | 21.66% | 20.92% | 20.83% | 22.15% | 22.49% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $81,500K ÷ $2,047,100K
= 3.98%
Masimo Corporation's net profit margin has shown a fluctuating trend over the past few quarters. The company's net profit margin was at its highest in the first quarter of 2020 at 22.49%, followed by another peak in the second quarter of 2020 at 22.15%. However, the net profit margin has been gradually decreasing since then, reaching a low of 3.98% in the fourth quarter of 2023. This downward trend indicates a potential decline in the company's profitability and efficiency in generating profits from its revenue. It would be important for Masimo Corporation to closely analyze the factors contributing to this trend and implement corrective measures to improve its net profit margin in the future.
Peer comparison
Dec 31, 2023