STAAR Surgical Company (STAA)
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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 21,347 | 19,444 | 24,889 | 31,863 | 38,755 | 37,824 | 33,582 | 29,111 | 24,501 | 22,906 | 20,778 | 11,039 | 5,913 | 8,965 | 7,461 | 12,547 | 14,048 | 8,765 | 7,836 | 5,752 |
| Revenue (ttm) | US$ in thousands | 322,415 | 310,186 | 305,924 | 294,719 | 284,391 | 279,348 | 261,654 | 242,920 | 230,472 | 217,469 | 206,198 | 179,025 | 163,460 | 156,345 | 148,319 | 152,789 | 150,185 | 142,488 | 135,203 | 129,444 |
| Net profit margin | 6.62% | 6.27% | 8.14% | 10.81% | 13.63% | 13.54% | 12.83% | 11.98% | 10.63% | 10.53% | 10.08% | 6.17% | 3.62% | 5.73% | 5.03% | 8.21% | 9.35% | 6.15% | 5.80% | 4.44% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $21,347K ÷ $322,415K
= 6.62%
STAAR Surgical Company's net profit margin has shown some variability over the past five years, ranging from a high of 13.63% in the fourth quarter of 2022 to a low of 3.62% in the first quarter of 2020. The trend appears to be generally positive, with the net profit margin increasing towards the end of the period analyzed, reaching 6.62% in the fourth quarter of 2023. This improvement suggests that the company's profitability has been on the rise, potentially due to effective cost management or revenue growth. However, it is important to monitor future earnings reports to assess if this positive trend continues over time.
Peer comparison
Dec 31, 2023