Envista Holdings Corp (NVST)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -100,200 | 190,700 | 216,800 | 212,000 | 243,100 | 255,400 | 300,700 | 343,700 | 340,500 | 363,100 | 305,800 | 122,200 | 33,300 | -19,000 |
| Revenue (ttm) | US$ in thousands | 2,560,900 | 2,546,100 | 2,549,700 | 2,544,100 | 2,565,100 | 2,583,600 | 2,571,400 | 2,569,200 | 2,550,300 | 2,514,600 | 2,547,800 | 2,272,600 | 2,207,200 | 2,270,200 |
| Net profit margin | -3.91% | 7.49% | 8.50% | 8.33% | 9.48% | 9.89% | 11.69% | 13.38% | 13.35% | 14.44% | 12.00% | 5.38% | 1.51% | -0.84% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-100,200K ÷ $2,560,900K
= -3.91%
Envista Holdings Corp's net profit margin has shown some fluctuation over the past eight quarters. In Q4 2023, the company experienced a negative net profit margin of -3.90%, indicating that expenses exceeded revenue during that period. This was a significant decrease compared to the previous quarter where the net profit margin was 7.39%.
In general, the trend in net profit margin has been declining since Q1 2022 when it was at its peak of 14.14%. This downward trend may suggest that the company is facing challenges in controlling costs or generating sufficient revenue to maintain profitability. It is important for stakeholders to closely monitor the company's financial performance and assess the factors contributing to these fluctuations in net profit margin.
Peer comparison
Dec 31, 2023