Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $1,988 | $2,418 | $2,531 | $2,965 | $3,366 |
| Gross Profit | $940 | $1,210 | $1,306 | $1,513 | $1,650 |
| Operating Income | $248 | $413 | $433 | $437 | $253 |
| Net Income | $158 | $277 | $297 | $427 | $113 |
Over the five-year period, Bruker Corporation has shown consistent revenue and gross profit growth until 2023. Revenue increased from US$1,987.5 million in 2020 to US$3,366.4 million in 2024, reflecting overall positive expansion. Gross profit followed a similar upward trend, rising from US$939.8 million to US$1,649.5 million over the period, although year-over-year growth rates varied. Notably, revenue growth was most robust in 2021 (approximately 21.7% increase from 2020) and again in 2023 (around 17.2% increase from 2022), while gross profit experienced its highest jump between 2020 and 2021 (nearly 28.8%). These increases suggest steady market demand and possibly expanded operations or pricing strategies that initially supported margin improvement. However, the operating income and net income metrics reveal significant volatility. Operating income surged by 66.5% from 2020 to 2021, but after modest gains in 2022 and 2023, it plunged by about 42% in 2024, from US$436.9 million to US$253.1 million. Similarly, net income experienced a 75.5% growth in 2021 and a further 44.1% increase in 2023, only to decline sharply by nearly 73.6% in 2024. This marked downturn in both operating and net income suggests an increase in expenses, margin compression, or other operational challenges in 2024, despite growing revenues. Overall, while Bruker’s long-term revenue and gross profit trajectories indicate solid market positioning in the scientific instrumentation sector, the significant declines in profitability in 2024 raise concerns about cost control or unusual factors impacting operational efficiency that warrant further investigation.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.