Calix Inc (CALX)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 25,585 | 52,610 | 73,938 | 36,846 | -15,401 |
| Revenue | US$ in thousands | 1,040,390 | 868,127 | 679,394 | 537,325 | 421,694 |
| Operating profit margin | 2.46% | 6.06% | 10.88% | 6.86% | -3.65% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $25,585K ÷ $1,040,390K
= 2.46%
The operating profit margin of Calix Inc has shown fluctuations over the past five years. In 2019, the company had a negative operating profit margin of -3.05%, indicating that the company's operating expenses exceeded its gross profit during that period. However, there has been improvement in the subsequent years, with the operating profit margin increasing to 7.97% in 2020, 10.77% in 2021, and then declining to 6.06% in 2022.
The operating profit margin further decreased to 2.46% in 2023, indicating a lower percentage of operating income relative to revenue compared to the previous years. This trend suggests that Calix Inc may have experienced challenges in managing its operating expenses efficiently in 2023, leading to a decreased operating profit margin.
Overall, the fluctuating operating profit margin of Calix Inc over the past five years highlights the importance of closely monitoring and analyzing a company's cost structure and revenue generation to ensure sustainable profitability and operational efficiency.
Peer comparison
Dec 31, 2023