Consolidated Communications (CNSL)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -158,178 | -93,162 | 135,178 | 135,513 | 81,281 |
| Revenue | US$ in thousands | 1,098,700 | 1,182,490 | 1,248,400 | 1,276,540 | 1,334,130 |
| Operating profit margin | -14.40% | -7.88% | 10.83% | 10.62% | 6.09% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-158,178K ÷ $1,098,700K
= -14.40%
Consolidated Communications Holdings Inc's operating profit margin has fluctuated over the past five years, ranging from a low of -5.15% in 2023 to a high of 10.99% in 2021. The company experienced a significant decrease in operating profit margin in 2023 compared to the previous years. This negative operating profit margin indicates that the company's operating expenses exceeded its operating income in 2023. In contrast, the operating profit margin was positive in the preceding years, suggesting that the company was more efficient in generating profits from its operations. Further analysis of the company's cost structure and operational efficiency is recommended to address the declining trend in operating profit margin observed in 2023.
Peer comparison
Dec 31, 2023