Calix Inc (CALX)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 25,585 | 50,727 | 54,803 | 52,693 | 52,610 | 54,175 | 52,161 | 62,989 | 73,938 | 84,096 | 87,855 | 63,988 | 36,846 | 13,566 | -11,035 | -12,628 | -15,401 | -22,050 | -18,523 | -16,518 |
| Revenue (ttm) | US$ in thousands | 1,040,393 | 1,019,662 | 992,161 | 933,187 | 868,127 | 799,743 | 735,640 | 702,268 | 679,394 | 673,001 | 651,278 | 601,631 | 541,239 | 491,404 | 455,381 | 436,662 | 424,235 | 419,560 | 419,774 | 431,172 |
| Operating profit margin | 2.46% | 4.97% | 5.52% | 5.65% | 6.06% | 6.77% | 7.09% | 8.97% | 10.88% | 12.50% | 13.49% | 10.64% | 6.81% | 2.76% | -2.42% | -2.89% | -3.63% | -5.26% | -4.41% | -3.83% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $25,585K ÷ $1,040,393K
= 2.46%
The operating profit margin of Calix Inc has shown a decreasing trend over the past year, starting at 8.86% in Q1 2022 and declining to 2.46% in Q4 2023. This decline indicates that the company's profitability from its core operations has been decreasing over time. It is noteworthy that the operating profit margin has been consistently above 5% until Q4 2023, which may indicate a recent dip in operational efficiency or cost control measures.
This analysis suggests that Calix Inc may need to closely examine its cost structure and operational performance to improve its operating profit margin and overall profitability. Additionally, monitoring industry benchmarks and competitors' margins could provide valuable insights for Calix Inc to address any underlying issues affecting its operating profit margin.
Peer comparison
Dec 31, 2023