Dentsply Sirona Inc (XRAY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -504,000 | -93,000 | -1,075,000 | -1,036,000 | -937,000 | -830,000 | 520,000 | 555,000 | 608,000 | 577,000 | 517,000 | 264,000 | -11,000 | -15,400 | 22,100 | 188,600 | 360,900 | 306,100 | 242,100 | -979,500 |
| 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 |
| Operating profit margin | -12.97% | -2.38% | -27.50% | -26.50% | -23.98% | -20.74% | 12.70% | 13.42% | 14.46% | 13.80% | 12.81% | 7.62% | -0.33% | -0.46% | 0.65% | 4.79% | 8.99% | 7.72% | 6.17% | -24.75% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-504,000K ÷ $3,887,000K
= -12.97%
The operating profit margin of DENTSPLY Sirona Inc has shown a downward trend over the last eight quarters. In Q4 2023, the operating profit margin was 7.19%, which was a decrease compared to the previous quarter's 6.45%. This decline continues a pattern observed throughout the year, with Q2 2023 at 6.20% and Q1 2023 at 7.25%.
Comparing the recent figures to the same quarter in the previous year, there has been a noticeable decrease. Q4 2023's operating profit margin of 7.19% is significantly lower than Q4 2022's 8.36%. This suggests a possible reduction in the company's efficiency in generating profits from its core operations.
Overall, the decreasing trend in operating profit margin may indicate challenges in controlling costs or maintaining profitability relative to revenues. Further analysis would be needed to understand the specific factors driving this trend and to assess the potential implications for the company's financial health and performance.
Peer comparison
Dec 31, 2023