ANGI Homeservices Inc (ANGI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 21,885 | -26,498 | -100,300 | -76,513 | -5,150 |
| Revenue | US$ in thousands | 1,185,110 | 1,358,750 | 1,891,520 | 1,685,440 | 1,467,920 |
| Operating profit margin | 1.85% | -1.95% | -5.30% | -4.54% | -0.35% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $21,885K ÷ $1,185,110K
= 1.85%
The operating profit margin of ANGI Homeservices Inc has exhibited significant fluctuations over the analyzed period from December 31, 2020, to December 31, 2024. In 2020, the company reported a marginal operating loss of -0.35%, indicating a near break-even point in operational profitability. The subsequent year, 2021, saw a substantial decline to -4.54%, reflecting increased operational challenges or costs surpassing gross profit contributions. This negative trend persisted and deepened in 2022, with the operating profit margin reaching -5.30%, suggesting further deterioration in operational efficiency or increased expenses relative to revenue.
However, the performance exhibited a marked improvement in 2023, with the operating profit margin reducing to -1.95%. This suggests a positive change in operational management or a reduction in operational costs, leading to a narrower loss. The most notable development occurred in 2024, when the operating profit margin turned positive at 1.85%. This transition from negative to positive margin indicates that the company achieved operational profitability in that year, reflecting improved operational performance, cost management, or revenue growth surpassing operational expenses.
Overall, the trajectory demonstrates initial setbacks in operating profitability during 2020 to 2022, followed by a significant recovery period culminating in operational profit generation in 2024. This positive shift underscores improvements in the company’s operational efficiency and financial health within the specified timeframe.
Peer comparison
Dec 31, 2024