Revvity Inc. (RVTY)

Net 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	Jul 5, 2020	Apr 5, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	693,094	742,189	818,039	961,692	569,179	631,705	674,096	740,814	943,157	1,133,334	1,182,295	1,073,527	727,887	412,027	293,886	225,811	227,558	234,349	252,339	247,315
Revenue (ttm)	US$ in thousands	2,769,887	2,744,391	2,810,941	3,023,524	3,311,822	3,598,518	3,748,030	3,763,135	3,827,812	4,154,512	4,257,222	4,158,193	3,782,749	3,233,635	2,976,533	2,887,332	2,883,673	2,834,526	2,801,916	2,782,761
Net profit margin		25.02%	27.04%	29.10%	31.81%	17.19%	17.55%	17.99%	19.69%	24.64%	27.28%	27.77%	25.82%	19.24%	12.74%	9.87%	7.82%	7.89%	8.27%	9.01%	8.89%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $693,094K ÷ $2,769,887K
= 25.02%

The net profit margin of Revvity Inc. has shown a positive trend over the quarters, indicating the company's ability to efficiently convert revenue into profit. In the most recent quarter, Q4 2023, the net profit margin reached 25.20%, which was lower than the previous quarter but still significantly higher compared to the same quarter in the previous year. Overall, the company has demonstrated improved profitability, with Q2 and Q3 of 2023 showing particularly strong performance with net profit margins of 37.07% and 34.27% respectively. This trend suggests effective cost management and revenue generation strategies implemented by Revvity Inc. It is important for the company to maintain or further improve its net profit margin to ensure sustainable profitability in the long term.