Baxter International Inc (BAX)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | -112,000 | 390,000 | -549,000 | 779,000 | 603,000 |
Revenue | US$ in thousands | 4,513,000 | 14,813,000 | 15,113,000 | 12,784,000 | 11,673,000 |
Operating profit margin | -2.48% | 2.63% | -3.63% | 6.09% | 5.17% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-112,000K ÷ $4,513,000K
= -2.48%
Baxter International Inc's operating profit margin has shown fluctuations over the years based on the data provided. In December 2020, the operating profit margin was 5.17%, indicating that the company generated 5.17 cents of profit for every dollar of sales. This margin improved to 6.09% by December 2021, showing an increase in efficiency in managing operating expenses.
However, the operating profit margin took a negative turn in December 2022, declining to -3.63%. This negative margin suggests that the company's operating expenses exceeded its operating income during that period. The trend improved slightly in December 2023, with the operating profit margin recovering to 2.63%, but remained positive.
By December 2024, the operating profit margin declined again to -2.48%, indicating a decrease in profitability from operations. Overall, Baxter International Inc's operating profit margin has been fluctuating, highlighting the importance of closely monitoring operational efficiency and cost management strategies to ensure sustainable profitability in the long run.
Peer comparison
Dec 31, 2024