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ODDITY Tech (ODDITY Tech) Net Margin % : 15.59% (As of Mar. 2024)


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What is ODDITY Tech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ODDITY Tech's Net Income for the three months ended in Mar. 2024 was $33.0 Mil. ODDITY Tech's Revenue for the three months ended in Mar. 2024 was $211.6 Mil. Therefore, ODDITY Tech's net margin for the quarter that ended in Mar. 2024 was 15.59%.

The historical rank and industry rank for ODDITY Tech's Net Margin % or its related term are showing as below:

ODD' s Net Margin % Range Over the Past 10 Years
Min: 6.25   Med: 8.65   Max: 12.97
Current: 12.97

ODD's Net Margin % is ranked better than
82.69% of 2762 companies
in the Software industry
Industry Median: 1.715 vs ODD: 12.97

ODDITY Tech Net Margin % Historical Data

The historical data trend for ODDITY Tech's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ODDITY Tech Net Margin % Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
10.59 6.25 6.70 11.51

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.83 19.82 4.06 5.26 15.59

Competitive Comparison of ODDITY Tech's Net Margin %

For the Software - Infrastructure subindustry, ODDITY Tech's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ODDITY Tech's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, ODDITY Tech's Net Margin % distribution charts can be found below:

* The bar in red indicates where ODDITY Tech's Net Margin % falls into.


ODDITY Tech Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ODDITY Tech's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=58.534/508.685
=11.51 %

ODDITY Tech's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=32.983/211.628
=15.59 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ODDITY Tech  (NAS:ODD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

ODDITY Tech Net Margin % Related Terms

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ODDITY Tech (ODDITY Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ODDITY Tech Ltd (NAS:ODD) » Definitions » Net Margin %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
Website
https://www.oddity.com
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.