Owens & Minor Inc (OMI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -362,686 | -41,301 | 22,389 | 221,589 | 88,074 |
| Revenue | US$ in thousands | 10,700,900 | 10,334,000 | 9,955,480 | 9,785,320 | 8,480,180 |
| Net profit margin | -3.39% | -0.40% | 0.22% | 2.26% | 1.04% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-362,686K ÷ $10,700,900K
= -3.39%
The net profit margin of Owens & Minor Inc has shown fluctuations over the years based on the provided data. In December 31, 2020, the net profit margin stood at 1.04%, indicating that the company retained 1.04% of its total revenue as net profit. By December 31, 2021, the net profit margin increased to 2.26%, showing an improvement in profitability.
However, the company's performance took a downturn in the following years. By December 31, 2022, the net profit margin dropped significantly to 0.22%, indicating a decrease in profitability. The trend continued as the net profit margin further declined to -0.40% by December 31, 2023, suggesting that the company incurred a loss in relation to its revenue.
The most recent data point from December 31, 2024, shows a concerning net profit margin of -3.39%, reflecting a substantial decline in profitability and a more significant loss compared to the previous year. Overall, the fluctuating net profit margins signal potential challenges for Owens & Minor Inc in maintaining profitability and financial health.
Peer comparison
Dec 31, 2024