Owens & Minor Inc (OMI)
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 | 2,081,180 | 2,071,337 | 2,050,129 | 2,089,287 | 2,125,160 | 1,962,357 | 1,937,138 | 1,950,211 | 1,826,352 | 1,760,802 | 1,576,362 | 1,443,925 | 1,513,228 | 1,570,187 | 1,585,687 | 1,455,026 | 1,280,834 | 1,167,036 | 1,185,184 | 1,284,204 |
| Revenue (ttm) | US$ in thousands | 10,700,880 | 10,660,960 | 10,531,580 | 10,423,800 | 10,333,970 | 10,228,930 | 10,134,590 | 10,071,380 | 9,955,480 | 9,871,520 | 9,876,300 | 9,865,740 | 9,785,320 | 9,680,010 | 9,365,760 | 8,684,020 | 8,480,180 | 8,308,980 | 8,520,070 | 9,196,550 |
| Gross profit margin | 19.45% | 19.43% | 19.47% | 20.04% | 20.56% | 19.18% | 19.11% | 19.36% | 18.35% | 17.84% | 15.96% | 14.64% | 15.46% | 16.22% | 16.93% | 16.76% | 15.10% | 14.05% | 13.91% | 13.96% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,081,180K ÷ $10,700,880K
= 19.45%
Owens & Minor Inc's gross profit margin has shown fluctuating trends over the analyzed period from March 31, 2020, to December 31, 2024.
The company's gross profit margin started at around 13.96% in March 2020, and gradually increased to reach a peak of 20.56% by December 2023, showing improvement in the company's efficiency in generating profits from sales after deducting the cost of goods sold.
However, there was a slight decline in the gross profit margin in the following quarters, stabilizing at around 19.45% as of December 31, 2024. This slight dip may indicate various factors, such as changes in pricing strategies, competition, or cost of goods sold.
Overall, the increasing trend from 2020 to 2023 followed by a slight decrease suggests that Owens & Minor Inc has been successfully managing its cost of goods sold relative to its sales revenue, although there may be areas for further optimization to maintain or improve profitability in the future.
Peer comparison
Dec 31, 2024