Amphastar P (AMPH)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	205,419	196,987	107,497	69,887	10,954
Revenue	US$ in thousands	731,967	644,395	498,987	437,768	349,846
Operating profit margin		28.06%	30.57%	21.54%	15.96%	3.13%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $205,419K ÷ $731,967K
= 28.06%

The operating profit margin of Amphastar P has shown a notable improvement over the years, reflecting enhanced operational efficiency and profitability.

As of December 31, 2020, the operating profit margin stood at 3.13%, indicating that for every dollar of revenue generated, the company retained approximately 3.13 cents as operating profit after covering all operating expenses.

Subsequently, there was a substantial increase in the operating profit margin to 15.96% by December 31, 2021, showcasing a significant improvement in the company's ability to control costs and generate operational profits.

This positive trend continued as the operating profit margin further rose to 21.54% by December 31, 2022, and reached 30.57% by December 31, 2023, indicating a steady growth in profitability and operational success.

Although there was a slight dip to 28.06% by December 31, 2024, the operating profit margin remained at a commendable level, demonstrating the company's strong operational performance and ability to generate profits from its core business activities.

Overall, the increasing trend in the operating profit margin of Amphastar P reflects a sound operational strategy and efficient management of resources, contributing to the company's sustained profitability and financial strength in the market.