Option Care Health Inc (OPCH)
Net profit margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 267,090 | 150,556 | 139,898 | -8,076 | -75,920 |
Revenue | US$ in thousands | 4,251,080 | 3,890,930 | 3,358,250 | 2,913,300 | 2,305,570 |
Net profit margin | 6.28% | 3.87% | 4.17% | -0.28% | -3.29% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $267,090K ÷ $4,251,080K
= 6.28%
The net profit margin of Option Care Health Inc. has demonstrated variability over the past five years, ranging from a low of -3.29% in 2019 to a high of 6.21% in 2023. The positive trend seen in recent years indicates an improvement in the company's ability to generate profits from its revenue. In 2020, the net profit margin was negative at -0.27%, depicting a period of financial struggle, which improved significantly in the subsequent years. This upward trend suggests efficient cost management, increased revenue, or a combination of both. Overall, the company's increasing net profit margin reflects a positive trajectory in profitability and financial performance.
Peer comparison
Dec 31, 2023