Omnicell Inc (OMCL)

Gross 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
Gross profit (ttm) US$ in thousands 496,840 513,189 540,320 563,969 588,987 616,527 604,211 582,417 554,653 529,014 479,026 425,953 413,292 413,241 428,597 449,417 436,912 415,492 402,254 386,992
Revenue (ttm) US$ in thousands 1,190,083 1,226,542 1,272,662 1,315,183 1,344,391 1,353,971 1,296,691 1,226,490 1,155,217 1,093,879 1,013,703 942,467 926,289 968,427 974,187 981,817 945,018 860,485 835,947 807,207
Gross profit margin 41.75% 41.84% 42.46% 42.88% 43.81% 45.53% 46.60% 47.49% 48.01% 48.36% 47.26% 45.20% 44.62% 42.67% 44.00% 45.77% 46.23% 48.29% 48.12% 47.94%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $496,840K ÷ $1,190,083K
= 41.75%

Omnicell, Inc. has demonstrated a consistent trend of declining gross profit margin over the past eight quarters. The gross profit margin has decreased from 48.58% in Q1 2022 to 43.31% in Q4 2023. This decline may indicate challenges in managing production costs or pricing strategies. It is essential for the company to closely monitor and address the factors contributing to this downward trend to ensure sustainable profitability in the future.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Omnicell Inc
OMCL
41.75%
Apple Inc
AAPL
45.26%
Super Micro Computer Inc
SMCI
16.39%