Revvity Inc. (RVTY)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 270,385 | 693,094 | 569,179 | 943,157 | 727,887 |
| Revenue | US$ in thousands | 2,756,080 | 2,750,570 | 3,311,820 | 3,827,810 | 3,782,740 |
| Net profit margin | 9.81% | 25.20% | 17.19% | 24.64% | 19.24% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $270,385K ÷ $2,756,080K
= 9.81%
The net profit margin of Revvity Inc. has fluctuated over the past five years. It was at 19.24% on December 31, 2020, showing a moderate level of profitability. The margin then increased to 24.64% by December 31, 2021, indicating improved efficiency in generating profits relative to revenue.
However, there was a slight decline in the net profit margin to 17.19% by December 31, 2022, which could be a result of increased costs or lower revenue growth. The margin then rebounded significantly to 25.20% by December 31, 2023, displaying a strong profitability performance.
Unexpectedly, there was a notable drop in the net profit margin to 9.81% by December 31, 2024, signaling potential challenges in maintaining profitability levels. It would be crucial for Revvity Inc. to further analyze the factors contributing to this decrease and implement strategies to improve efficiency and profitability in the future.
Peer comparison
Dec 31, 2024