Astrana Health Inc (ASTH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 84,613 | 104,265 | 98,179 | 80,503 | 32,420 |
| Revenue | US$ in thousands | 1,367,530 | 1,912 | 771,566 | 778,213 | 555,885 |
| Operating profit margin | 6.19% | 5,453.19% | 12.72% | 10.34% | 5.83% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $84,613K ÷ $1,367,530K
= 6.19%
The operating profit margin of Astrana Health Inc has exhibited significant fluctuations over the past five years. In 2023, the operating profit margin was 6.19%, showing a decrease from the previous year's exceptionally high margin of 5,453.19%. This drastic decrease indicates potential irregularities or anomalies in the financial performance for the year.
Looking back further, in 2021, the operating profit margin was 12.72%, which was higher than the margins in 2020 and 2019, which were 10.34% and 5.83% respectively. The increase in 2021 suggests improved efficiency in generating profits from operations compared to the prior years.
Overall, the fluctuating operating profit margin of Astrana Health Inc indicates varying levels of profitability and operational efficiency over the years, with the need for further investigation into the significant disparity observed in 2022.