Perrigo Company PLC (PRGO)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -119,700 | -5,600 | -10,800 | 8,800 | -57,500 | -130,800 | -131,000 | -108,700 | -115,500 | -108,300 | -68,900 | -253,500 | -349,200 | -230,900 | -162,600 | -6,600 | 240,200 | 188,600 | 146,100 | 246,500 |
| Revenue (ttm) | US$ in thousands | 4,428,700 | 4,556,100 | 4,655,500 | 4,653,900 | 4,630,300 | 4,558,900 | 4,451,700 | 4,401,300 | 4,343,800 | 4,203,200 | 4,138,700 | 4,323,300 | 4,494,300 | 4,732,300 | 5,063,300 | 5,096,600 | 5,074,000 | 5,003,900 | 4,837,400 | 4,709,800 |
| Net profit margin | -2.70% | -0.12% | -0.23% | 0.19% | -1.24% | -2.87% | -2.94% | -2.47% | -2.66% | -2.58% | -1.66% | -5.86% | -7.77% | -4.88% | -3.21% | -0.13% | 4.73% | 3.77% | 3.02% | 5.23% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-119,700K ÷ $4,428,700K
= -2.70%
Perrigo Company PLC's net profit margin has exhibited variability over the historical period provided. The net profit margin is calculated as the ratio of net income to total revenue, indicating the company's efficiency in generating profits from its operational activities.
The trend in Perrigo's net profit margin shows fluctuations, with some periods reflecting negative margins, indicating that the company incurred losses during those periods. The negative net profit margins in certain quarters could be attributed to various factors such as lower revenue, higher operating expenses, one-time charges, or write-downs.
It is essential to note that from the fourth quarter of 2019 to the third quarter of 2020, Perrigo reported positive net profit margins, indicating the company's ability to generate profits during that period. However, in subsequent quarters, the net profit margin turned negative again, suggesting challenges in maintaining profitability.
Overall, the negative net profit margins in recent quarters imply that Perrigo may be facing profitability challenges that require attention. Further analysis of the company's financial statements and operational activities would provide deeper insights into the factors impacting its profitability and potential strategies for improvement.
Peer comparison
Jun 30, 2024