Omnicell Inc (OMCL)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | -2.93% | -4.07% | -2.76% | -2.31% | -0.17% | 3.52% | 4.52% | 6.11% | 7.75% | 8.97% | 7.78% | 4.56% | 3.84% | 3.87% | 5.34% | 7.92% | 8.29% | 8.73% | 8.13% | 7.00% |
| 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% |
| Net profit margin | -1.71% | -2.80% | -1.82% | -1.34% | 0.42% | 3.55% | 4.67% | 5.87% | 6.74% | 7.34% | 5.89% | 3.71% | 3.48% | 3.91% | 5.04% | 7.06% | 6.49% | 6.28% | 5.70% | 4.74% |
Omnicell, Inc.'s profitability ratios indicate a declining trend over the quarters analyzed. The gross profit margin has decreased steadily from 45.45% in Q4 2022 to 43.31% in Q4 2023, reflecting a decline in the company's ability to generate profits from its core operations.
The operating profit margin also exhibited a negative trajectory, dropping from a positive 3.64% in Q3 2022 to -3.04% in Q4 2023. This suggests that Omnicell's operating expenses are relatively high compared to its revenues, leading to operating losses in recent quarters.
Similarly, the pretax margin and net profit margin have shown a downward trend, indicating decreasing profitability levels before and after accounting for taxes and other expenses. The pretax margin fell from 3.04% in Q3 2022 to -1.75% in Q4 2023, while the net profit margin decreased from 3.67% in Q3 2022 to -1.78% in Q4 2023.
Overall, Omnicell, Inc.'s profitability ratios reflect a concerning trend of declining profitability over the quarters analyzed. The company may need to take corrective measures to improve operational efficiency and cost management in order to enhance its bottom line performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -1.57% | -2.24% | -1.60% | -1.35% | -0.11% | 2.18% | 2.75% | 3.53% | 4.18% | 4.78% | 4.02% | 2.28% | 1.95% | 2.18% | 4.25% | 6.31% | 6.31% | 6.04% | 5.68% | 4.80% |
| Return on assets (ROA) | -0.91% | -1.55% | -1.06% | -0.78% | 0.26% | 2.20% | 2.84% | 3.39% | 3.63% | 3.91% | 3.05% | 1.86% | 1.76% | 2.21% | 4.02% | 5.63% | 4.94% | 4.34% | 3.98% | 3.25% |
| Return on total capital | -1.98% | -2.84% | -2.03% | -1.78% | -0.14% | 2.80% | 3.53% | 6.98% | 7.81% | 6.16% | 5.16% | 2.90% | 2.48% | 2.72% | 5.86% | 8.85% | 8.75% | 8.49% | 8.00% | 6.83% |
| Return on equity (ROE) | -1.71% | -2.90% | -1.99% | -1.54% | 0.50% | 4.23% | 5.54% | 6.69% | 6.79% | 7.22% | 5.67% | 3.46% | 3.33% | 4.13% | 5.53% | 7.90% | 7.26% | 6.69% | 6.17% | 5.24% |
Omnicell, Inc.'s profitability ratios show a decline in performance over the recent quarters. The Operating Return on Assets (Operating ROA) has been negative, indicating that the company's operating income generated from its assets has been insufficient to cover costs. The negative trend in Operating ROA signals operational inefficiencies or challenges faced by the company.
Similarly, the Return on Assets (ROA) and Return on Total Capital have also shown negative values, reflecting lower profitability relative to the assets and capital employed by the company. This suggests that Omnicell, Inc. is not effectively utilizing its resources to generate profits.
The Return on Equity (ROE) has also declined, indicating a diminishing return for the company's shareholders. Overall, the downward trend in these profitability ratios points towards potential financial issues or inefficiencies within Omnicell, Inc.'s operations that need to be addressed to improve its financial performance and shareholder returns.