Certara Inc (CERT)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | -40,774 | 32,521 | 13,579 |
| Revenue | US$ in thousands | 330,498 | 320,407 | 269,717 |
| Operating profit margin | -12.34% | 10.15% | 5.03% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-40,774K ÷ $330,498K
= -12.34%
The operating profit margin of Certara Inc has fluctuated over the past four years. In 2023, the operating profit margin was 1.75%, representing a decrease from 9.69% in 2022 and 4.75% in 2021. Notably, in 2020, the company experienced a negative operating profit margin of -10.03%, indicating a loss from operations. The declining trend from 2022 to 2023 suggests a potential decrease in profitability or efficiency in managing operating expenses. Further analysis of the company's operational performance and cost controls may be warranted to address this downward trend in operating profit margin.
Peer comparison
Dec 31, 2023