Net Profit Margin
since 2005
Calculation
Express Scripts Holding Co., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income attributable to Express Scripts1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2017 | 4.51% | = | 100 | × | 4,517,400) | ÷ | 100,064,600) |
| Dec 31, 2016 | 3.39% | = | 100 | × | 3,404,400) | ÷ | 100,287,500) |
| Dec 31, 2015 | 2.43% | = | 100 | × | 2,476,400) | ÷ | 101,751,800) |
| Dec 31, 2014 | 1.99% | = | 100 | × | 2,007,600) | ÷ | 100,887,100) |
| Dec 31, 2013 | 1.77% | = | 100 | × | 1,844,600) | ÷ | 104,098,800) |
| Dec 31, 2012 | 1.40% | = | 100 | × | 1,312,900) | ÷ | 93,858,100) |
| Dec 31, 2011 | 2.77% | = | 100 | × | 1,275,800) | ÷ | 46,128,300) |
| Dec 31, 2010 | 2.63% | = | 100 | × | 1,181,200) | ÷ | 44,973,200) |
| Dec 31, 2009 | 3.34% | = | 100 | × | 827,600) | ÷ | 24,748,900) |
| Dec 31, 2008 | 3.53% | = | 100 | × | 776,100) | ÷ | 21,978,000) |
| Dec 31, 2007 | 3.11% | = | 100 | × | 567,800) | ÷ | 18,273,600) |
| Dec 31, 2006 | 2.69% | = | 100 | × | 474,400) | ÷ | 17,660,000) |
| Dec 31, 2005 | 2.46% | = | 100 | × | 400,000) | ÷ | 16,266,000) |
Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
The annual financial data indicates a general upward trend in net income attributable to the company over the observed period. Starting at 400 million US dollars in 2005, net income exhibits consistent growth each year, reaching approximately 4.52 billion US dollars by 2017. The increase is marked by a particularly sharp rise post-2013, with net income nearly doubling from 2 billion US dollars in 2014 to over 4.5 billion US dollars by 2017.
Revenues show significant growth; however, their pattern is more variable and marked by substantial increases in certain years. From around 16.3 billion US dollars in 2005, revenues gradually increased to about 24.7 billion US dollars by 2009. Following 2009, there was a steep rise in revenue to nearly 45 billion US dollars in 2010 and a subsequent doubling to approximately 93.9 billion US dollars in 2012. After this peak, revenues stabilize around the 100 billion US dollar mark with minor fluctuations through to 2017.
Despite revenues stabilizing in later years, net income continues to grow significantly, which is reflected in the company's improving profitability metrics. The net profit margin initially grows from 2.46% in 2005 to a peak of 3.53% in 2008. It then declines notably to 1.4% in 2012, coinciding with the large revenue increase observed in the same year. However, from 2013 onward, the net profit margin improves steadily and markedly, reaching 4.51% in 2017. This improvement suggests enhanced efficiency or more effective cost management despite steady revenues in the latter years.
Overall, the data reveals a trend of significant net income growth outpacing revenue increases in recent years, accompanied by an improving net profit margin, indicating strengthening profitability and operational performance over the period analyzed.
Comparison to Competitors
Express Scripts Holding Co., net profit margin, long-term trends, comparison to competitors
| Express Scripts Holding Co. | Abbott Laboratories | CVS Health Corp. | Elevance Health Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2017 | 4.51% | 1.74% | 3.58% | 4.31% | 21.09% | 13.56% | 5.28% |
| Dec 31, 2016 | 3.39% | 6.71% | 3.00% | 2.93% | 27.21% | 12.27% | 3.81% |
| Dec 31, 2015 | 2.43% | 21.68% | 3.42% | 3.27% | 24.69% | 13.20% | 3.72% |
| Dec 31, 2014 | 1.99% | 11.28% | 3.33% | 3.52% | 19.65% | 18.02% | 4.33% |
| Dec 31, 2013 | 1.77% | 11.79% | 3.62% | 3.55% | 29.62% | 20.90% | 4.62% |
| Dec 31, 2012 | 1.40% | 14.95% | 3.15% | 4.37% | 30.14% | 22.35% | 5.03% |
| Dec 31, 2011 | 2.77% | 12.17% | 3.23% | 4.42% | 28.17% | 19.43% | 5.08% |
| Dec 31, 2010 | 2.63% | 13.15% | 3.55% | 4.99% | 27.02% | 19.59% | 4.95% |
| Dec 31, 2009 | 3.34% | 18.68% | 3.74% | 7.80% | 22.11% | 14.86% | 4.42% |
| Dec 31, 2008 | 3.53% | 16.53% | 3.67% | 4.04% | 23.35% | 16.51% | 3.70% |
| Dec 31, 2007 | 3.11% | 13.92% | 3.45% | 5.56% | 24.06% | 22.78% | 6.26% |
| Dec 31, 2006 | 2.69% | 7.64% | 3.12% | 5.52% | 19.33% | 22.55% | 5.89% |
| Dec 31, 2005 | 2.46% | 15.10% | 3.31% | 5.53% | 41.41% | 17.94% | 7.36% |
Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
Express Scripts Holding Co., net profit margin, long-term trends, comparison to sector (health care equipment & services)
| Express Scripts Holding Co. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2017 | 4.51% | 4.90% |
| Dec 31, 2016 | 3.39% | 4.11% |
| Dec 31, 2015 | 2.43% | 4.94% |
| Dec 31, 2014 | 1.99% | 4.88% |
| Dec 31, 2013 | 1.77% | 5.40% |
| Dec 31, 2012 | 1.40% | 6.33% |
| Dec 31, 2011 | 2.77% | 6.03% |
| Dec 31, 2010 | 2.63% | 6.35% |
| Dec 31, 2009 | 3.34% | 6.98% |
| Dec 31, 2008 | 3.53% | 5.85% |
| Dec 31, 2007 | 3.11% | 6.89% |
| Dec 31, 2006 | 2.69% | 6.33% |
| Dec 31, 2005 | 2.46% | 7.71% |
Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Express Scripts Holding Co., net profit margin, long-term trends, comparison to industry (health care)
| Express Scripts Holding Co. | Health Care | |
|---|---|---|
| Dec 31, 2017 | 4.51% | 8.05% |
| Dec 31, 2016 | 3.39% | 10.68% |
| Dec 31, 2015 | 2.43% | 11.77% |
| Dec 31, 2014 | 1.99% | 12.15% |
| Dec 31, 2013 | 1.77% | 12.81% |
| Dec 31, 2012 | 1.40% | 11.86% |
| Dec 31, 2011 | 2.77% | 10.50% |
| Dec 31, 2010 | 2.63% | 10.48% |
| Dec 31, 2009 | 3.34% | 15.08% |
| Dec 31, 2008 | 3.53% | 11.35% |
| Dec 31, 2007 | 3.11% | 11.02% |
| Dec 31, 2006 | 2.69% | 13.95% |
| Dec 31, 2005 | 2.46% | 13.38% |
Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).