Envista Holdings Corp (NVST)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,038,200 | -1,287,100 | -1,224,700 | 7,500 | 31,500 | 322,300 | 313,500 | 299,800 | 319,200 | 277,300 | 284,500 | 302,600 | 306,200 | 333,600 | 313,500 | 122,300 | 2,200 | -35,100 |
| Revenue (ttm) | US$ in thousands | 2,494,900 | 2,534,300 | 2,549,200 | 2,561,100 | 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 |
| Operating profit margin | -41.61% | -50.79% | -48.04% | 0.29% | 1.23% | 12.66% | 12.30% | 11.78% | 12.44% | 10.73% | 11.06% | 11.78% | 12.01% | 13.27% | 12.30% | 5.38% | 0.10% | -1.55% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,038,200K ÷ $2,494,900K
= -41.61%
Envista Holdings Corp's operating profit margin has been fluctuating over the analyzed period, starting with negative margins in September 2020 and December 2023, indicating the company was experiencing losses relative to its operating income.
The company's operating profit margin then showed signs of improvement, reaching positive values in the subsequent quarters. Notable increases were seen in June and September 2021, where the margins jumped to 12.30% and 13.27%, respectively, signaling improved operational efficiency and profitability.
However, the operating profit margin started declining again from December 2021 onwards, although it still remained positive until June 2023, ranging between 10.73% and 12.66%.
The most significant decline occurred in the second half of 2024, with operating profit margins falling drastically to negative values, reaching -50.79% in September 2024. This indicates a substantial decrease in profitability and operational efficiency during this period.
Overall, the analysis highlights the volatile nature of Envista Holdings Corp's operating profit margin, with periods of both significant improvement and decline. It is essential for the company to closely monitor its operational performance and take necessary measures to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024