Omnicell Inc (OMCL)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 337 | -34,868 | -2,323 | 89,507 | 35,526 |
| Revenue | US$ in thousands | 1,112,240 | 1,147,110 | 1,295,950 | 1,132,020 | 892,208 |
| Operating profit margin | 0.03% | -3.04% | -0.18% | 7.91% | 3.98% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $337K ÷ $1,112,240K
= 0.03%
Omnicell Inc's operating profit margin has shown fluctuations over the years. In December 2020, the operating profit margin was 3.98%, indicating that the company generated 3.98 cents of operating profit for every dollar of sales. By December 2021, the operating profit margin improved to 7.91%, reflecting more efficient cost management or potentially higher revenue. However, there was a significant decline in the operating profit margin to -0.18% by December 2022, indicating that the company's costs exceeded its operating profits.
The trend worsened in December 2023, with the operating profit margin further decreasing to -3.04%, signaling a significant challenge in generating operating profits relative to sales. Fortunately, in December 2024, there was a slight improvement with an operating profit margin of 0.03%.
Overall, the fluctuating operating profit margin of Omnicell Inc suggests varying levels of efficiency in managing operating expenses and generating profits. It is crucial for the company to closely monitor and control costs to improve its profitability in the future.
Peer comparison
Dec 31, 2024