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RaySearch Laboratories AB (OSTO:RAY B) Net Margin % : 14.27% (As of Mar. 2024)


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What is RaySearch Laboratories AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. RaySearch Laboratories AB's Net Income for the three months ended in Mar. 2024 was kr37 Mil. RaySearch Laboratories AB's Revenue for the three months ended in Mar. 2024 was kr257 Mil. Therefore, RaySearch Laboratories AB's net margin for the quarter that ended in Mar. 2024 was 14.27%.

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

OSTO:RAY B' s Net Margin % Range Over the Past 10 Years
Min: -7.37   Med: 10.25   Max: 28.49
Current: 9.6


OSTO:RAY B's Net Margin % is ranked better than
76.48% of 659 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs OSTO:RAY B: 9.60

RaySearch Laboratories AB Net Margin % Historical Data

The historical data trend for RaySearch Laboratories AB'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.

RaySearch Laboratories AB Net Margin % Chart

RaySearch Laboratories AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 -1.39 -7.37 2.82 7.98

RaySearch Laboratories AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.63 4.56 8.52 10.53 14.27

Competitive Comparison of RaySearch Laboratories AB's Net Margin %

For the Health Information Services subindustry, RaySearch Laboratories AB'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.


RaySearch Laboratories AB's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, RaySearch Laboratories AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where RaySearch Laboratories AB's Net Margin % falls into.



RaySearch Laboratories AB 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.

RaySearch Laboratories AB'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 )
=81.572/1022.159
=7.98 %

RaySearch Laboratories AB'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 )
=36.698/257.196
=14.27 %

* 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.


RaySearch Laboratories AB  (OSTO:RAY B) 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.


RaySearch Laboratories AB Net Margin % Related Terms

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RaySearch Laboratories AB (OSTO:RAY B) Business Description

Traded in Other Exchanges
Address
Sveavagen 44, P.O. Box 3297, Stockholm, SWE, 103 65
RaySearch Laboratories AB is a Sweden-based medical technology company. The company develops advanced software solutions for improved cancer treatment. The company develops and markets the RayStation* treatment planning system and RayCare* oncology information system to clinics all over the world and distributes products through licensing agreements with medical technology companies. Its geographic segments consist of Sweden, North America, Asia, Europe and the rest of the world. The company generates majority of its sales from the North America.

RaySearch Laboratories AB (OSTO:RAY B) Headlines

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