The Cooper Companies, Inc.

COO
Sector

Healthcare

Industry

Medical Instruments & Supplies

Market Cap

$18.32B

Employees

16K

Company Overview

The Cooper Companies, Inc. is a global medical device company focused on improving lives through its vision, fertility, and women's health products and services. CooperVision, a major revenue stream, manufactures and markets contact lenses, including myopia management lenses. CooperSurgical offers a broad portfolio of products and services for fertility and women's health, with a focus on medical offices, ambulatory surgery centers, and hospitals. The company has a global presence with manufacturing and distribution facilities across the Americas, Europe, and Asia Pacific.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

The 10-K reports net sales of $3.593 billion for the fiscal year ended October 31, 2023, compared to $3.308 billion for the previous year, representing an 8% increase. This growth was fueled by both the CooperVision and CooperSurgical segments, indicating broad-based performance improvements.

Operating income was $533.1 million, compared to $507.6 million in the prior year. However, the increase was offset by higher share-based compensation expenses, indicating a potential concern regarding cost management or increased investment in employee incentives.

Net income was $294.2 million, compared to $385.8 million in the prior year. This decrease in net income suggests challenges in maintaining profitability despite revenue growth, potentially due to increased expenses or other factors impacting the bottom line.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights