Omnicell Inc (OMCL)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 473,699 | 437,342 | 447,038 | 467,130 | 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 |
| Revenue (ttm) | US$ in thousands | 1,112,238 | 1,064,206 | 1,080,449 | 1,102,634 | 1,147,112 | 1,185,939 | 1,235,335 | 1,267,748 | 1,295,947 | 1,309,307 | 1,257,650 | 1,199,003 | 1,132,018 | 1,070,186 | 987,483 | 914,365 | 892,208 | 891,298 | 906,404 | 924,196 |
| Gross profit margin | 42.59% | 41.10% | 41.38% | 42.36% | 43.31% | 43.27% | 43.74% | 44.49% | 45.45% | 47.09% | 48.04% | 48.58% | 49.00% | 49.43% | 48.51% | 46.58% | 46.32% | 46.36% | 47.29% | 48.63% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $473,699K ÷ $1,112,238K
= 42.59%
Omnicell Inc's gross profit margin has shown fluctuations over the reported periods. The margin started at 48.63% in March 2020 and decreased to 41.10% by September 2024. There were some periods of increase, such as reaching a peak of 49.43% in September 2021 and 49.00% in December 2021. However, there were also declines in the margin, with the lowest point at 41.10% in September 2024.
Overall, the gross profit margin trend reflects some volatility, which may indicate changes in Omnicell Inc's pricing strategies, production costs, or competitive pressures. A declining trend in the gross profit margin could potentially raise concerns about the company's ability to effectively manage costs relative to its revenue generation. Further analysis of the business operations and strategies would be necessary to fully understand the factors influencing Omnicell Inc's gross profit margin performance.
Peer comparison
Dec 31, 2024