Perrigo Company PLC (PRGO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -171,800 | -12,700 | -130,900 | -130,900 | -162,600 |
| Revenue | US$ in thousands | 4,373,400 | 4,655,600 | 4,451,600 | 4,138,700 | 5,063,300 |
| Net profit margin | -3.93% | -0.27% | -2.94% | -3.16% | -3.21% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-171,800K ÷ $4,373,400K
= -3.93%
The net profit margin of Perrigo Company PLC has shown a fluctuating trend over the past five years. Starting at -3.21% in December 2020, the margin improved slightly to -3.16% by December 2021 before decreasing to -2.94% by December 2022. There was a significant positive jump in the net profit margin by December 2023, reaching -0.27%. However, this improvement was not sustained as the margin fell sharply to -3.93% by December 2024. The negative values indicate that the company's net profit is a small percentage of its revenue, which may be attributed to various factors such as increased expenses or pricing pressure. This fluctuation in the net profit margin suggests potential challenges in managing costs and generating profits consistently over the years.
Peer comparison
Dec 31, 2024