Owens & Minor Inc (OMI)
Net profit 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -41,301 | -117,077 | -98,154 | -41,309 | 22,388 | 122,355 | 153,987 | 191,279 | 221,589 | 230,356 | 232,308 | 110,785 | 29,872 | -59,893 | -104,750 | -59,599 | -62,371 | -285,169 | -286,958 | -459,259 |
| Revenue (ttm) | US$ in thousands | 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 | 8,413,800 | 8,982,780 | 9,210,930 | 9,142,750 | 9,314,880 | 9,396,450 |
| Net profit margin | -0.40% | -1.14% | -0.97% | -0.41% | 0.22% | 1.24% | 1.56% | 1.94% | 2.26% | 2.38% | 2.48% | 1.28% | 0.35% | -0.72% | -1.24% | -0.66% | -0.68% | -3.12% | -3.08% | -4.89% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-41,301K ÷ $10,333,970K
= -0.40%
The net profit margin of Owens & Minor, Inc. has exhibited a declining trend over the past eight quarters. The company experienced negative net profit margins in four out of the last five quarters, with the lowest being -1.14% in Q3 2023. This indicates that the company's profitability has been under pressure, possibly due to factors such as increasing costs or declining revenues. The positive net profit margins in Q4 2022 and Q3 2022 suggest better performance during those periods, although the margins have been on a downward trajectory since then. Owens & Minor, Inc. may need to focus on improving its operational efficiency and cost management to enhance its profit margins in the upcoming quarters.
Peer comparison
Dec 31, 2023