Akamai Technologies Inc (AKAM)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 637,338 | 676,274 | 783,148 | 658,534 | 548,918 |
| Revenue | US$ in thousands | 3,826,240 | 3,631,300 | 3,409,920 | 3,151,090 | 2,849,370 |
| Operating profit margin | 16.66% | 18.62% | 22.97% | 20.90% | 19.26% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $637,338K ÷ $3,826,240K
= 16.66%
The operating profit margin of Akamai Technologies Inc has shown a fluctuating trend over the past five years. In 2021, the company achieved the highest operating profit margin of 22.94%, indicating strong profitability from its core operations. However, in 2023, the operating profit margin declined to 18.21%, suggesting a decrease in operational efficiency compared to the previous year. Despite this decrease, the company has generally maintained a healthy operating profit margin above 18% in the recent years, reflecting its ability to generate profits from its operational activities. It may be prudent for stakeholders to closely monitor future financial performance to assess the sustainability of the company's profitability levels.
Peer comparison
Dec 31, 2023