Dentsply Sirona Inc (XRAY)
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 | -515,000 | -214,000 | -1,025,000 | -1,038,000 | -950,000 | -816,000 | 345,000 | 368,000 | 411,000 | 397,000 | 360,000 | 169,000 | -77,000 | -79,700 | -41,700 | 89,700 | 262,900 | 162,400 | 105,400 | -1,053,000 |
| Revenue (ttm) | US$ in thousands | 3,887,000 | 3,905,000 | 3,909,000 | 3,910,000 | 3,908,000 | 4,001,000 | 4,094,000 | 4,137,000 | 4,206,000 | 4,182,500 | 4,036,800 | 3,464,100 | 3,305,500 | 3,337,500 | 3,412,700 | 3,935,800 | 4,015,000 | 3,963,200 | 3,926,400 | 3,957,500 |
| Net profit margin | -13.25% | -5.48% | -26.22% | -26.55% | -24.31% | -20.39% | 8.43% | 8.90% | 9.77% | 9.49% | 8.92% | 4.88% | -2.33% | -2.39% | -1.22% | 2.28% | 6.55% | 4.10% | 2.68% | -26.61% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-515,000K ÷ $3,887,000K
= -13.25%
DENTSPLY Sirona Inc's net profit margin has exhibited significant variability over the past eight quarters. The company experienced negative net profit margins in the recent quarters, with Q4 2023 showing a net profit margin of -3.33% and Q3 2023 at -5.44%. These figures indicate that the company had a loss in these periods after accounting for all expenses.
Furthermore, the net profit margins of Q2 2023 and Q1 2023 were even lower, at -26.04% and -26.41% respectively, reflecting a substantial decline in profitability during those quarters. In contrast, the company reported positive net profit margins in the earlier quarters of 2022, with Q2 2022 and Q1 2022 showing margins of 8.16% and 8.70% respectively.
Overall, the trend in DENTSPLY Sirona Inc's net profit margin demonstrates recent challenges in generating profits, as reflected in the consistent negative margins in the most recent quarters compared to the positive margins observed in the same quarters a year ago. This indicates a need for closer scrutiny of the company's cost structure and revenue-generating activities to improve profitability moving forward.
Peer comparison
Dec 31, 2023