Filing Flows › Cooper Companies (COO) › Q4 FY24
Cooper Companies (COO) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 6, 2024
Cooper Companies (COO) reported revenue of $1.0B for the fourth quarter fiscal 2024 (Q4 FY24), +10% from a year earlier and +2% from the quarter before. Operating margin was 19.5%, net earnings $118M (11.5% of revenue).
Cooper Companies, Q4 FY24: revenue $1.0B (+10% year over year), operating margin 19.5%, net earnings $118M, operating cash flow $268M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +2% | +10% |
| Gross profit | $678M | +2% | +12% |
| Operating profit | $198M | +3% | +46% |
| Net earnings | $118M | +12% | +39% |
| Operating cash flow | $268M | +29% | +54% |
| Free cash flow | $128M | +8% | +339% |
What changed
Revenue was $1.0B in Q4 FY24, up 10% year over year and up 2% from the previous quarter.
Gross margin was 66.5%, up 1.1 points from a year earlier. Operating profit was $0.20B, a 19.5% margin (up 4.8 points year over year). Of the extra revenue versus a year earlier, 69% reached operating profit, above the 15% margin then. Operating expenses grew 2% against revenue growth of 10%. Net earnings were $0.12B, up 39% year over year. The effective tax rate was 30.3%.
Operating cash flow was $0.27B (up 54% year over year), 228% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.14B left free cash flow of $0.13B.
Questions
What was Cooper Companies' revenue in the fourth quarter fiscal 2024?
Cooper Companies (COO) reported revenue of $1.0B for the fourth quarter fiscal 2024 (Q4 FY24), +10% from a year earlier and +2% from the quarter before.
Was Cooper Companies profitable in the fourth quarter fiscal 2024?
Operating profit was $198M (19.5% of revenue) and net earnings $118M.
Source: Cooper Companies 10-K on SEC EDGAR.