Envista Holdings Corp (NVST)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 2,560,900 | 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 | 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, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $31,500K ÷ $2,560,900K
= 1.23%
Envista Holdings Corp's operating profit margin has shown some fluctuations over the past eight quarters. In Q4 2023, the operating profit margin was 11.29%, representing a slight decrease compared to the previous quarter's 12.48%. However, this figure remains in line with the historical trend of staying above 10% in the last two years.
The operating profit margin peaked at 12.48% in Q3 2023, indicating efficiency in managing operating expenses to generate profits. In comparison, the lowest margin was observed in Q3 2022 at 10.54%, which suggests potential challenges in cost control or revenue generation during that period.
Overall, Envista Holdings Corp has maintained a relatively stable operating profit margin between 10.54% and 12.48% over the analyzed period. This indicates a consistent ability to generate profits from core operations, although management may need to focus on sustaining or improving margins in the face of changing market conditions.
Peer comparison
Dec 31, 2023