ADEIA CORP (ADEA)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 136,230 | 153,060 | 119,028 | 267,455 |
| Revenue | US$ in thousands | 388,788 | 438,933 | 391,212 | 515,919 |
| Operating profit margin | 35.04% | 34.87% | 30.43% | 51.84% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $136,230K ÷ $388,788K
= 35.04%
The operating profit margin of ADEIA CORP has shown fluctuations over the past four years. In 2023, the operating profit margin was 35.04%, slightly higher than the previous year's 34.87%. However, compared to 2021, there was a significant improvement from 30.43% to 35.04%. The most notable deviation was seen in 2020 when the operating profit margin was substantially higher at 51.84%.
Overall, ADEIA CORP has maintained a relatively healthy operating profit margin, indicating efficient cost management and profitability in its operations. It is essential for the company to monitor and analyze the factors contributing to these fluctuations to sustain and improve its operating profit margin in the future.
Peer comparison
Dec 31, 2023