TransMedics Group Inc (TMDX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 35,464 | 32,638 | 3,000 | -10,195 | -25,028 | -35,779 | -17,783 | -28,305 | -36,231 | -42,179 | -47,715 | -46,860 | -44,215 | -37,858 | -29,984 | -27,813 | -28,748 | -31,614 | -34,806 | -35,504 |
| Revenue (ttm) | US$ in thousands | 441,540 | 401,090 | 358,759 | 296,919 | 241,623 | 191,824 | 151,077 | 119,133 | 93,459 | 71,752 | 51,439 | 39,089 | 30,262 | 28,221 | 29,942 | 25,162 | 25,639 | 24,069 | 24,183 | 26,458 |
| Net profit margin | 8.03% | 8.14% | 0.84% | -3.43% | -10.36% | -18.65% | -11.77% | -23.76% | -38.77% | -58.78% | -92.76% | -119.88% | -146.11% | -134.15% | -100.14% | -110.54% | -112.13% | -131.35% | -143.93% | -134.19% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $35,464K ÷ $441,540K
= 8.03%
TransMedics Group Inc's net profit margin has shown a consistent improvement over the period from March 31, 2020, to December 31, 2024. The company had negative net profit margins in the early years, indicating losses greater than revenue. However, there has been a steady recovery demonstrated by the increasing trend in the margin percentages.
The net profit margin improved from around -134% in March 2020 to reach positive percentages by June 30, 2024. This turnaround indicates that the company has been able to effectively control its costs, boost operational efficiencies, or increase revenues during this period. The positive net profit margins from June 30, 2024, signal that the company is now generating profits exceeding its costs, reflecting a healthier financial position.
This consistent improvement in net profit margin is a positive sign for TransMedics Group Inc's profitability and sustainability, highlighting its ability to potentially generate earnings from its core business operations. It also suggests that the company's management strategies and financial performance have been effective in driving the business towards profitability over the analyzed period.
Peer comparison
Dec 31, 2024