Cinemark Holdings Inc (CNK)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 300,300 | 225,600 | 145,500 | 339,500 | 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 |
| Revenue (ttm) | US$ in thousands | 2,984,100 | 3,076,300 | 2,994,200 | 3,202,300 | 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 |
| Operating profit margin | 10.06% | 7.33% | 4.86% | 10.60% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $300,300K ÷ $2,984,100K
= 10.06%
The operating profit margin of Cinemark Holdings Inc has shown a fluctuating trend over the past few years. Starting from March 2020 to December 2021, the company experienced negative operating profit margins, indicating that its operating expenses exceeded its operating income during these periods. However, there was a significant improvement in the operating profit margin in September 2022, when it reached 25.48%, signifying that the company was able to generate more profits from its core operations.
Subsequently, the operating profit margin continued to improve, reaching double-digit figures in the following quarters, such as 14.52% in June 2023 and 21.45% in September 2023. This upward trend reflects a better control of operating expenses and an enhancement in operational efficiency.
By December 2024, the operating profit margin further increased to 10.06%, indicating that Cinemark Holdings Inc was able to maintain a healthy level of profitability relative to its operating revenue. Overall, the company has shown resilience in improving its operating profit margin after facing challenges in the earlier periods, highlighting its ability to adapt and enhance its operational performance.