Amkor Technology Inc (AMKR)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	470,287	897,186	763,433	457,245	233,170
Revenue	US$ in thousands	6,476,360	7,049,700	6,085,840	4,981,050	4,052,650
Operating profit margin		7.26%	12.73%	12.54%	9.18%	5.75%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $470,287K ÷ $6,476,360K
= 7.26%

AMKOR Technology Inc.'s operating profit margin has shown variability over the past five years. In 2023, the operating profit margin decreased to 7.23% from 12.65% in 2022, which indicates a decline in the company's ability to control operating expenses relative to revenue generation. This reduction may raise concerns about the company's efficiency in managing its day-to-day operations. However, it is worth noting that the 2023 operating profit margin is still higher compared to the margins in 2020 and 2019.

This fluctuation suggests that AMKOR Technology Inc. may have experienced changes in its cost structure, pricing strategies, or other operational factors impacting profitability. Further analysis of the underlying reasons behind this trend is essential to determine whether the decline in the operating profit margin is a temporary anomaly or a sustained issue that requires management's attention for improvement.