Omnicell Inc (OMCL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -20,371 | 5,648 | 77,849 | 32,194 | 61,338 |
| Revenue | US$ in thousands | 1,187,990 | 1,342,310 | 1,144,190 | 925,486 | 945,018 |
| Net profit margin | -1.71% | 0.42% | 6.80% | 3.48% | 6.49% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-20,371K ÷ $1,187,990K
= -1.71%
Omnicell, Inc.'s net profit margin has fluctuated over the past five years, with a negative margin of -1.78% in 2023 compared to a positive margin in the previous years. The net profit margin was highest in 2021 at 6.88% and lowest in 2023 at -1.78%. This indicates that the company's profitability relative to its revenue has varied significantly, potentially impacted by changes in expenses, revenues, and other factors. It is important for stakeholders to further investigate the reasons behind the recent decline in the net profit margin to assess the company's financial health and performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Omnicell Inc
OMCL
-1.71%
Apple Inc
AAPL
23.97%
Dell Technologies Inc
DELL
3.63%
Super Micro Computer Inc
SMCI
8.98%