Cinemark Holdings Inc (CNK)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 363,000 | 366,200 | -86,800 | -252,472 | -754,974 |
| Revenue | US$ in thousands | 3,056,400 | 3,234,700 | 2,299,400 | 1,352,960 | 551,574 |
| Operating profit margin | 11.88% | 11.32% | -3.77% | -18.66% | -136.88% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $363,000K ÷ $3,056,400K
= 11.88%
Cinemark Holdings Inc's operating profit margin has shown a fluctuating trend over the years. Starting from a significant negative figure of -136.88% on December 31, 2020, the company's operating profit margin improved to -18.66% by the end of 2021. Subsequently, there was a further decrease to -3.77% by December 31, 2022.
However, there seems to be a positive turn in the company's performance as evidenced by the operating profit margin turning positive at 11.32% by December 31, 2023, and further increasing to 11.88% by the end of 2024. This indicates that Cinemark Holdings Inc has managed to enhance its operational efficiency and profitability, possibly through cost-cutting measures, revenue growth, or a combination of both. This positive trend in the operating profit margin suggests improved financial health and performance for the company in recent years.