Omnicell Inc (OMCL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -20,108 | -37,105 | -27,170 | -28,605 | -2,453 | 39,865 | 45,875 | 58,058 | 66,007 | 73,079 | 60,713 | 30,939 | 29,349 | 37,443 | 49,960 | 73,911 | 73,933 | 68,579 | 59,759 | 49,063 |
| 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 |
| Pretax margin | -1.69% | -3.03% | -2.13% | -2.17% | -0.18% | 2.94% | 3.54% | 4.73% | 5.71% | 6.68% | 5.99% | 3.28% | 3.17% | 3.87% | 5.13% | 7.53% | 7.82% | 7.97% | 7.15% | 6.08% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-20,108K ÷ $1,190,083K
= -1.69%
Omnicell, Inc.'s pretax margin has shown some fluctuations over the past eight quarters. The company experienced negative pretax margins of -1.75%, -3.13%, -2.20%, and -2.26% in Q4 2023, Q3 2023, Q2 2023, and Q1 2023, respectively, indicating that the company's expenses exceeded its revenues before taking into account taxes during these periods.
In contrast, in Q4 2022, Q3 2022, Q2 2022, and Q1 2022, Omnicell, Inc. recorded positive pretax margins of 0.19%, 3.04%, 3.65%, and 4.84%, respectively. This suggests that during these quarters, the company was able to generate more income than expenses before considering taxes.
Overall, Omnicell, Inc.'s pretax margin has been relatively volatile, with both positive and negative trends observed in recent quarters. This variation may be attributed to factors such as fluctuating revenues, changes in costs, and other operating expenses impacting the company's profitability before tax considerations. Further analysis and monitoring of the pretax margin trend will be essential to evaluate the company's financial performance and efficiency in managing costs.
Peer comparison
Dec 31, 2023