Celsius Holdings Inc (CELH)
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 | 266,366 | 174,677 | -70,619 | -123,002 | -157,799 | -122,191 | 17,223 | 5,211 | -4,092 | -5,771 | 6,927 | 7,757 | 7,912 | 5,407 | 2,398 | 21 | -1,449 | -534 | -6,127 | -8,305 |
| Revenue (ttm) | US$ in thousands | 1,318,014 | 1,148,543 | 952,019 | 780,156 | 653,605 | 579,896 | 486,572 | 397,625 | 314,272 | 245,682 | 187,612 | 152,576 | 130,726 | 119,176 | 102,761 | 88,846 | 75,147 | 65,712 | 61,853 | 55,029 |
| Operating profit margin | 20.21% | 15.21% | -7.42% | -15.77% | -24.14% | -21.07% | 3.54% | 1.31% | -1.30% | -2.35% | 3.69% | 5.08% | 6.05% | 4.54% | 2.33% | 0.02% | -1.93% | -0.81% | -9.91% | -15.09% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $266,366K ÷ $1,318,014K
= 20.21%
The operating profit margin of Celsius Holdings Inc has shown variability over the past several quarters. In Q4 2023, the operating profit margin reached 20.21%, reflecting a significant improvement compared to the previous quarters. This increase suggests that the company is effectively managing its operating expenses and generating higher profits from its core business activities.
In Q3 2023, the operating profit margin was 15.21%, showing a slight decline from the previous quarter but still indicating a healthy level of profitability. However, in Q2 2023, the operating profit margin turned negative, standing at -7.42%, which may raise concerns about the company's ability to control costs and generate profits from its operations.
Moreover, in Q1 2023, the operating profit margin decreased further to -15.77%, indicating a significant decline in profitability compared to the earlier quarters. This trend is consistent with the negative operating profit margins seen in Q4 2022 and Q3 2022, which were -24.14% and -23.71% respectively.
On a positive note, in Q2 2022 and Q1 2022, the operating profit margins were 2.89% and 1.31% respectively, showing that the company was able to achieve some profitability during these periods.
Overall, the fluctuating operating profit margins of Celsius Holdings Inc indicate the company's varying ability to control costs and generate profits from its operations. Further analysis of the underlying reasons behind these fluctuations would be necessary to determine the long-term sustainability of the company's profitability.
Peer comparison
Dec 31, 2023