Cars.com Inc (CARS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 53,498 | 54,116 | 66,036 | 7,719 | 7,332 |
| Revenue | US$ in thousands | 719,152 | 689,183 | 653,876 | 623,683 | 547,503 |
| Operating profit margin | 7.44% | 7.85% | 10.10% | 1.24% | 1.34% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $53,498K ÷ $719,152K
= 7.44%
The operating profit margin of Cars.com Inc has shown fluctuations over the years. In December 31, 2020, the operating profit margin was 1.34%, which decreased slightly to 1.24% by December 31, 2021. However, there was a significant improvement in the operating profit margin to 10.10% by December 31, 2022, suggesting better operational efficiency and cost management.
Subsequently, the operating profit margin decreased to 7.85% by December 31, 2023, and further to 7.44% by December 31, 2024. Despite the slight declines in the later years, the operating profit margin remained relatively healthy, indicating that the company was able to generate a reasonable level of profits from its operations after accounting for operating expenses.
Overall, the trend in the operating profit margin of Cars.com Inc demonstrates some variability but generally reflects a positive performance in terms of operational profitability, particularly in 2022 where a significant improvement was observed. It is important for the company to continue monitoring and managing its operating expenses to sustain and potentially enhance its operating profit margin in the future.
Peer comparison
Dec 31, 2024