Net Profit Margin
since 2005
Calculation
Intuitive Surgical Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income attributable to Intuitive Surgical, Inc.1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 25.24% | = | 100 | × | 1,798,000) | ÷ | 7,124,100) |
| Dec 31, 2022 | 21.25% | = | 100 | × | 1,322,300) | ÷ | 6,222,200) |
| Dec 31, 2021 | 29.85% | = | 100 | × | 1,704,600) | ÷ | 5,710,100) |
| Dec 31, 2020 | 24.33% | = | 100 | × | 1,060,600) | ÷ | 4,358,400) |
| Dec 31, 2019 | 30.80% | = | 100 | × | 1,379,300) | ÷ | 4,478,500) |
| Dec 31, 2018 | 30.29% | = | 100 | × | 1,127,900) | ÷ | 3,724,200) |
| Dec 31, 2017 | 21.09% | = | 100 | × | 660,000) | ÷ | 3,128,900) |
| Dec 31, 2016 | 27.21% | = | 100 | × | 735,900) | ÷ | 2,704,400) |
| Dec 31, 2015 | 24.69% | = | 100 | × | 588,800) | ÷ | 2,384,400) |
| Dec 31, 2014 | 19.65% | = | 100 | × | 418,800) | ÷ | 2,131,700) |
| Dec 31, 2013 | 29.62% | = | 100 | × | 671,000) | ÷ | 2,265,100) |
| Dec 31, 2012 | 30.14% | = | 100 | × | 656,600) | ÷ | 2,178,800) |
| Dec 31, 2011 | 28.17% | = | 100 | × | 495,100) | ÷ | 1,757,300) |
| Dec 31, 2010 | 27.02% | = | 100 | × | 381,800) | ÷ | 1,413,000) |
| Dec 31, 2009 | 22.11% | = | 100 | × | 232,606) | ÷ | 1,052,168) |
| Dec 31, 2008 | 23.35% | = | 100 | × | 204,315) | ÷ | 874,919) |
| Dec 31, 2007 | 24.06% | = | 100 | × | 144,537) | ÷ | 600,828) |
| Dec 31, 2006 | 19.33% | = | 100 | × | 72,044) | ÷ | 372,682) |
| Dec 31, 2005 | 41.41% | = | 100 | × | 94,134) | ÷ | 227,338) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 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
Comparison to Competitors
Intuitive Surgical Inc., net profit margin, long-term trends, comparison to competitors
| Intuitive Surgical Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 25.24% | 14.27% | 2.66% | 2.34% | 3.52% | 2.36% | 12.03% | 6.09% |
| Dec 31, 2022 | 21.25% | 15.88% | 3.72% | 1.29% | 3.87% | 3.03% | 15.90% | 6.25% |
| Dec 31, 2021 | 29.85% | 16.42% | 3.11% | 2.72% | 4.46% | 3.54% | 11.97% | 6.06% |
| Dec 31, 2020 | 24.33% | 12.99% | 5.31% | 2.68% | 3.78% | 4.43% | 16.56% | 6.03% |
| Dec 31, 2019 | 30.80% | 11.56% | 3.35% | 2.59% | 4.66% | 4.20% | 15.16% | 5.76% |
| Dec 31, 2018 | 30.29% | 7.74% | 5.59% | -0.31% | 4.11% | 2.98% | 10.36% | 5.33% |
| Dec 31, 2017 | 21.09% | 1.74% | 5.51% | 3.58% | 4.31% | 4.59% | 13.56% | 5.28% |
| Dec 31, 2016 | 27.21% | 6.71% | 4.87% | 3.00% | 2.93% | 1.14% | 12.27% | 3.81% |
| Dec 31, 2015 | 24.69% | 21.68% | 5.71% | 3.42% | 3.27% | 2.37% | 13.20% | 3.72% |
| Dec 31, 2014 | 19.65% | 11.28% | 6.26% | 3.33% | 3.52% | 2.38% | 18.02% | 4.33% |
| Dec 31, 2013 | 29.62% | 11.79% | 4.76% | 3.62% | 3.55% | 3.01% | 20.90% | 4.62% |
| Dec 31, 2012 | 30.14% | 14.95% | 5.81% | 3.15% | 4.37% | 3.15% | 22.35% | 5.03% |
| Dec 31, 2011 | 28.17% | 12.17% | 6.38% | 3.23% | 4.42% | 3.89% | 19.43% | 5.08% |
| Dec 31, 2010 | 27.02% | 13.15% | 6.70% | 3.55% | 4.99% | 3.28% | 19.59% | 4.95% |
| Dec 31, 2009 | 22.11% | 18.68% | 7.46% | 3.74% | 7.80% | 3.39% | 14.86% | 4.42% |
| Dec 31, 2008 | 23.35% | 16.53% | 1.60% | 3.67% | 4.04% | 2.25% | 16.51% | 3.70% |
| Dec 31, 2007 | 24.06% | 13.92% | 6.76% | 3.45% | 5.56% | 3.34% | 22.78% | 6.26% |
| Dec 31, 2006 | 19.33% | 7.64% | 7.63% | 3.12% | 5.52% | 2.31% | 22.55% | 5.89% |
| Dec 31, 2005 | 41.41% | 15.10% | 10.60% | 3.31% | 5.53% | 2.16% | 17.94% | 7.36% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 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)
Intuitive Surgical Inc., net profit margin, long-term trends, comparison to sector (health care equipment & services)
| Intuitive Surgical Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 25.24% | 4.37% |
| Dec 31, 2022 | 21.25% | 4.60% |
| Dec 31, 2021 | 29.85% | 4.96% |
| Dec 31, 2020 | 24.33% | 5.21% |
| Dec 31, 2019 | 30.80% | 4.85% |
| Dec 31, 2018 | 30.29% | 3.84% |
| Dec 31, 2017 | 21.09% | 4.92% |
| Dec 31, 2016 | 27.21% | 3.89% |
| Dec 31, 2015 | 24.69% | 4.73% |
| Dec 31, 2014 | 19.65% | 4.72% |
| Dec 31, 2013 | 29.62% | 5.13% |
| Dec 31, 2012 | 30.14% | 6.00% |
| Dec 31, 2011 | 28.17% | 5.84% |
| Dec 31, 2010 | 27.02% | 6.08% |
| Dec 31, 2009 | 22.11% | 6.68% |
| Dec 31, 2008 | 23.35% | 5.29% |
| Dec 31, 2007 | 24.06% | 6.58% |
| Dec 31, 2006 | 19.33% | 6.06% |
| Dec 31, 2005 | 41.41% | 7.52% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 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)
Intuitive Surgical Inc., net profit margin, long-term trends, comparison to industry (health care)
| Intuitive Surgical Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 25.24% | 7.65% |
| Dec 31, 2022 | 21.25% | 10.55% |
| Dec 31, 2021 | 29.85% | 11.48% |
| Dec 31, 2020 | 24.33% | 7.64% |
| Dec 31, 2019 | 30.80% | 10.09% |
| Dec 31, 2018 | 30.29% | 9.13% |
| Dec 31, 2017 | 21.09% | 7.75% |
| Dec 31, 2016 | 27.21% | 9.91% |
| Dec 31, 2015 | 24.69% | 10.98% |
| Dec 31, 2014 | 19.65% | 11.39% |
| Dec 31, 2013 | 29.62% | 11.99% |
| Dec 31, 2012 | 30.14% | 11.19% |
| Dec 31, 2011 | 28.17% | 10.02% |
| Dec 31, 2010 | 27.02% | 10.09% |
| Dec 31, 2009 | 22.11% | 14.33% |
| Dec 31, 2008 | 23.35% | 10.62% |
| Dec 31, 2007 | 24.06% | 10.58% |
| Dec 31, 2006 | 19.33% | 13.20% |
| Dec 31, 2005 | 41.41% | 12.89% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 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).