Celsius Holdings Inc (CELH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 266,366 | -157,801 | -4,090 | 7,912 | -1,448 |
| Revenue | US$ in thousands | 1,318,010 | 653,604 | 314,272 | 130,726 | 75,147 |
| Operating profit margin | 20.21% | -24.14% | -1.30% | 6.05% | -1.93% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $266,366K ÷ $1,318,010K
= 20.21%
The operating profit margin of Celsius Holdings Inc has shown volatility over the past five years. In 2023, the company achieved an operating profit margin of 20.21%, representing a significant improvement compared to the negative margins recorded in 2022 (-24.14%) and 2019 (-1.93%). Although the company experienced negative operating profit margins in 2022 and 2019, it managed to turn around its performance and achieve a positive margin in 2023. However, it is important to note that the operating profit margin in 2023 was lower than the margins reported in 2020 (6.05%) and 2021 (-1.30%). This indicates that Celsius Holdings Inc may still have room for further improvement in its operational efficiency to enhance profitability.
Peer comparison
Dec 31, 2023