•
Oct 31, 2024

Cooper Q4 2024 Earnings Report

CooperCompanies reported Q4 2024 results, with revenue up 10% and GAAP EPS up 38%.

Key Takeaways

CooperCompanies reported strong Q4 2024 results, with revenue reaching $1,018.4 million, a 10% increase year-over-year. GAAP EPS increased by 38% to $0.58, and non-GAAP EPS rose by 19% to $1.04.

Q4 2024 revenue increased by 10% to $1,018.4 million, or 7% organically.

GAAP diluted EPS for Q4 2024 grew by 38% to $0.58.

Non-GAAP diluted EPS for Q4 2024 increased by 19% to $1.04.

CooperVision (CVI) revenue increased by 9% to $676.4 million, with 8% organic growth.

CooperSurgical (CSI) revenue increased by 12% to $342.0 million, with 5% organic growth.

Total Revenue
$1.02B
Previous year: $927M
+9.8%
EPS
$1.04
Previous year: $0.87
+19.5%
Gross margin
67%
Previous year: 65%
+3.1%
Operating margin
19%
Previous year: 15%
+26.7%
Gross Profit
$678M
Previous year: $607M
+11.7%
Cash and Equivalents
$108M
Previous year: $121M
-10.9%
Free Cash Flow
$128M
Previous year: $29.2M
+339.0%
Total Assets
$12.3B
Previous year: $11.7B
+5.6%

Cooper

Cooper

Cooper Revenue by Segment

Forward Guidance

The Company initiated its fiscal year 2025 financial guidance. Fiscal 2025 total revenue of $4,080 - $4,158 million (organic growth of 6% to 8%). CVI revenue of $2,733 - $2,786 million (organic growth of 6.5% to 8.5%). CSI revenue of $1,347 - $1,372 million (organic growth of 4% to 6%). Fiscal 2025 non-GAAP diluted earnings per share of $3.92 - $4.02

Positive Outlook

  • Fiscal 2025 total revenue of $4,080 - $4,158 million (organic growth of 6% to 8%)
  • CVI revenue of $2,733 - $2,786 million (organic growth of 6.5% to 8.5%)
  • CSI revenue of $1,347 - $1,372 million (organic growth of 4% to 6%)
  • Fiscal 2025 non-GAAP diluted earnings per share of $3.92 - $4.02

Revenue & Expenses

Visualization of income flow from segment revenue to net income