Cinemark Holdings Inc (CNK)
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 | 370,600 | 593,800 | 375,000 | -533,000 | -1,136,200 | 613,329 | -49,177 | -115,977 | -252,477 | -584,402 | -752,680 | -881,555 | -754,974 | -401,542 | -132,227 | 238,100 | 338,387 | 348,654 | 372,861 | 343,477 |
| Revenue (ttm) | US$ in thousands | 3,234,700 | 2,768,400 | 2,582,100 | 2,379,800 | 2,231,500 | 2,407,057 | 2,153,212 | 1,706,333 | 1,352,964 | 823,049 | 461,972 | 214,925 | 656,796 | 1,347,357 | 2,104,323 | 3,027,775 | 3,203,277 | 3,212,950 | 3,144,471 | 3,067,433 |
| Operating profit margin | 11.46% | 21.45% | 14.52% | -22.40% | -50.92% | 25.48% | -2.28% | -6.80% | -18.66% | -71.00% | -162.93% | -410.17% | -114.95% | -29.80% | -6.28% | 7.86% | 10.56% | 10.85% | 11.86% | 11.20% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $370,600K ÷ $3,234,700K
= 11.46%
Cinemark Holdings Inc's operating profit margin has shown a consistent improvement over the last eight quarters. The margin has gradually increased from a negative figure of -6.45% in Q1 2022 to a positive figure of 12.12% in Q4 2023. This positive trend indicates that the company has been able to effectively control its operating costs and generate higher profits from its operations. The significant improvement in the operating profit margin reflects a more efficient management of expenses and potentially increasing revenue streams. It suggests that Cinemark Holdings Inc has been able to enhance its operational efficiency and profitability over the recent quarters.