Masimo Corporation (MASI)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands -304,900 78,600 79,400 79,100 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
Revenue (ttm) US$ in thousands 2,027,700 2,041,700 2,025,400 1,980,800 2,054,500 2,137,700 2,211,700 2,330,200 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
Net profit margin -15.04% 3.85% 3.92% 3.99% 3.97% 4.14% 5.24% 5.07% 6.96% 9.63% 12.55% 17.91% 18.53% 19.23% 19.00% 19.54% 21.01% 20.30% 21.22% 21.66%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-304,900K ÷ $2,027,700K
= -15.04%

The net profit margin of Masimo Corporation has been declining over the past few years, dropping from 21.66% as of March 2020 to a significant decrease, turning negative at -15.04% as of December 2024. This trend indicates that the company's profitability relative to its revenue has been deteriorating. It is important to analyze the reasons behind this significant decline to assess the company's financial health and sustainability going forward.