Quanterix(Qtrx) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for QTRX
Report - net profit margin
This chart shows the historical trend of net profit margin for QTRX compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Net Profit Margin
Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.
Interpretation:
• In '2021', QTRX's net profit margin was -52.7%, measuring the overall profitability of the company. Industry average for Biotechnology: Laboratory Analytical Instruments in '2021' stood at -58.0%.
• In '2022', QTRX's net profit margin was -94.9%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for Biotechnology: Laboratory Analytical Instruments in '2022' stood at -174.7%. Industry average declined by 116.7% from previous year.
• In '2023', QTRX's net profit margin was -23.4%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Biotechnology: Laboratory Analytical Instruments in '2023' stood at -96.1%. Industry average increased by 78.6% compared to previous year.
• In '2024', QTRX's net profit margin was -28.4%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Biotechnology: Laboratory Analytical Instruments in '2024' stood at -124.6%. Industry average declined by 28.5% from previous year.
Overall, QTRX's net profit margin has been volatile but showed an upward trend over the past 4 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.