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Bio-Techne TECH Operating margin

Operating margin at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
17.2%+0.8pp
Danaher logo
DanaherDHR
19.2%-1.0pp
Bruker logo
BrukerBRKR
1.3%-5.0pp
Revvity logo
RevvityRVTY
12.4%-1.1pp
Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
8.8%-3.1pp
Agilent Technologies logo
Agilent TechnologiesA
21.5%+0.1pp

Other financials

Income statement

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Revenue$311.4M-1.5%
Gross profit$208.3M-2.9%
Operating income$75.5M+95.0%
Net income$51.0M+126%
EPS (diluted)$0.32+129%

Balance sheet

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Cash & equivalents$209.8M+49.2%
Total debt$290.3M-31.4%
Total equity$2.1B+3.3%
Total assets$2.6B-3.5%

Cash flow

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Operating cash flow$86.7M+111%
CapEx$9.1M-10.2%
Free cash flow$77.6M+150%

Valuation

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Market cap$9.07B-11.8%
Enterprise value$9.15B-13.6%
P/E60.6×+13.6×
P/S7.5×-1.0×

Profitability

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Gross margin65%-0.8pp
Net margin10.9%-6.7pp
FCF margin22.3%+4.0pp

Returns & leverage

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Return on equity6.5%-3.9pp
Debt / equity0.1×-0.1×
Current ratio4.5×+0.8×

Where this comes from

Calculated from Bio-Techne’s reported figures.

Based on trailing twelve months.

The official record: Bio-Techne’s 10-Q, filed May 8, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bio-Techne's operating margin?
Bio-Techne (TECH) reported operating margin of 14.2% in Q1 2025.
How has Bio-Techne's operating margin changed year-over-year?
Bio-Techne's operating margin decreased by 35.7% year-over-year, from 22.1% to 14.2%.
What is the long-term trend for Bio-Techne's operating margin?
Over 2 years (2022 to 2024), Bio-Techne's operating margin has grown at a -18.5% compound annual growth rate (CAGR), from 26.8% to 17.8%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.