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Elekta AB (OSTO:EKTA B) Net Margin % : 6.72% (As of Jan. 2024)


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What is Elekta AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Elekta AB's Net Income for the three months ended in Jan. 2024 was kr305 Mil. Elekta AB's Revenue for the three months ended in Jan. 2024 was kr4,537 Mil. Therefore, Elekta AB's net margin for the quarter that ended in Jan. 2024 was 6.72%.

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

OSTO:EKTA B' s Net Margin % Range Over the Past 10 Years
Min: 1.17   Med: 7.68   Max: 11.65
Current: 7.87


OSTO:EKTA B's Net Margin % is ranked better than
68.82% of 821 companies
in the Medical Devices & Instruments industry
Industry Median: -1.34 vs OSTO:EKTA B: 7.87

Elekta AB Net Margin % Historical Data

The historical data trend for Elekta 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.

Elekta AB Net Margin % Chart

Elekta AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.84 7.42 9.11 7.93 5.59

Elekta AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.98 10.66 6.22 7.27 6.72

Competitive Comparison of Elekta AB's Net Margin %

For the Medical Instruments & Supplies subindustry, Elekta 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.


Elekta AB's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's Net Margin % distribution charts can be found below:

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



Elekta 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.

Elekta AB's Net Margin for the fiscal year that ended in Apr. 2023 is calculated as

Net Margin=Net Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=943/16869
=5.59 %

Elekta AB's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=305/4537
=6.72 %

* 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.


Elekta AB  (OSTO:EKTA 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.


Elekta AB Net Margin % Related Terms

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Elekta AB (OSTO:EKTA B) Business Description

Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company's installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and Asia-Pacific contributing the remainder.

Elekta AB (OSTO:EKTA B) Headlines

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