Owens & Minor Inc (OMI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 104,508 | -8,992 | 27,414 | 91,660 | 142,912 | 258,412 | 261,040 | 282,839 | 368,472 | 402,064 | 414,742 | 340,054 | 204,118 | 123,044 | 73,601 | 67,304 | 73,152 | -167,257 | -172,010 | -359,960 |
| 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 |
| Operating profit margin | 1.01% | -0.09% | 0.27% | 0.91% | 1.44% | 2.62% | 2.64% | 2.87% | 3.77% | 4.15% | 4.43% | 3.92% | 2.41% | 1.48% | 0.87% | 0.75% | 0.79% | -1.83% | -1.85% | -3.83% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $104,508K ÷ $10,333,970K
= 1.01%
The operating profit margin of Owens & Minor, Inc. has shown a declining trend over the past eight quarters, as indicated by the figures provided. In Q4 2023, the operating profit margin was 1.97%, higher than the previous quarter but still below the levels seen in the earlier periods. This increase may suggest some improvement in the company's operating efficiency compared to Q3 2023.
However, the Q4 2023 operating profit margin remains significantly lower than the levels seen in the same quarter of the previous year (1.99% in Q4 2022). This downward trend in operating profit margin could be attributed to various factors such as increased operating expenses, pricing pressures, or lower sales volumes.
It is important for stakeholders of Owens & Minor, Inc. to closely monitor this trend in operating profit margin to assess the company's operational performance and profitability. Further analysis of the underlying reasons for the fluctuations in the margin figures is necessary to identify areas for improvement and strategic decision-making.
Peer comparison
Dec 31, 2023