Artivion Inc (AORT)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 38,874 | 5,742 | 3,240 | -13,863 | 2,441 |
| Revenue | US$ in thousands | 388,537 | 354,004 | 313,789 | 298,836 | 253,227 |
| Operating profit margin | 10.01% | 1.62% | 1.03% | -4.64% | 0.96% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $38,874K ÷ $388,537K
= 10.01%
The operating profit margin of Artivion Inc has displayed fluctuations over the period from December 31, 2020, to December 31, 2024. In 2020, the operating profit margin was 0.96%, indicating that for every dollar of sales revenue generated, the company retained $0.0096 as operating profit. However, by the end of 2021, the margin declined significantly to -4.64%, signifying that the company was incurring operating losses exceeding its operating income.
Subsequently, there was a notable recovery in the operating profit margin, reaching 1.03% by December 31, 2022, and further improving to 1.62% by the end of 2023. The significant improvement in operating efficiency and profitability reflects positively on the company's ability to control operating expenses and generate income from its core operations.
By December 31, 2024, Artivion Inc experienced a substantial surge in its operating profit margin to 10.01%, indicating a considerable increase in profitability compared to previous years. This robust performance suggests enhanced operational efficiency and effective cost management, resulting in a higher proportion of revenue being retained as operating profit. Overall, the trend in Artivion Inc's operating profit margin demonstrates a mix of challenges, recoveries, and ultimately, significant growth in profitability over the analyzed period.
Peer comparison
Dec 31, 2024