Net margin is calculated as Net Income divided by its Revenue. Utah Medical Products's Net Income for the
three
months ended in Dec. 2023 was $4.29 Mil. Utah Medical Products's Revenue for the
three
months ended in Dec. 2023 was $12.33 Mil. Therefore, Utah Medical Products's net margin for the quarter that ended in Dec. 2023 was 34.75%.
The historical rank and industry rank for Utah Medical Products's Net Margin % or its related term are showing as below:
UTMD'
s Net Margin % Range Over the Past 10 Years
Min: 20.54 Med: 30.51 Max: 44.18
Current: 33.12
UTMD's Net Margin % is ranked better than 96.57% of 816
companies
in the Medical Devices & Instruments industry
Industry Median: 0.045
vs UTMD: 33.12
Utah Medical Products Net Margin % Historical Data
The historical data trend for Utah Medical Products'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.
For the Medical Instruments & Supplies subindustry, Utah Medical Products'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.
Utah Medical Products Net Margin % Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Utah Medical Products's Net Margin % distribution charts can be found below:
* The bar in red indicates where Utah Medical Products's Net Margin % falls into.
Utah Medical Products 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.
Utah Medical Products's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Utah Medical Products (NAS:UTMD) 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.
Utah Medical Products Net Margin % Related Terms
Thank you for viewing the detailed overview of Utah Medical Products's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Utah Medical Products (Utah Medical Products) Business Description
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals as well as outpatient clinics and physicians offices.
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