Consolidated Communications (CNSL)
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 | ||
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Operating income (ttm) | US$ in thousands | -158,178 | -165,745 | -113,015 | -3,519 | -93,162 | -38,112 | -26,456 | -10,890 | 135,178 | 121,878 | 126,722 | 136,487 | 135,513 | 141,203 | 127,393 | 101,913 | 81,281 | 58,117 | 35,323 | 26,450 |
Revenue (ttm) | US$ in thousands | 1,108,273 | 1,129,071 | 1,142,036 | 1,165,264 | 1,189,461 | 1,211,965 | 1,233,930 | 1,250,822 | 1,260,849 | 1,249,993 | 1,258,475 | 1,268,369 | 1,284,566 | 1,307,977 | 1,314,817 | 1,322,890 | 1,336,839 | 1,350,554 | 1,364,712 | 1,381,684 |
Operating profit margin | -14.27% | -14.68% | -9.90% | -0.30% | -7.83% | -3.14% | -2.14% | -0.87% | 10.72% | 9.75% | 10.07% | 10.76% | 10.55% | 10.80% | 9.69% | 7.70% | 6.08% | 4.30% | 2.59% | 1.91% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-158,178K ÷ $1,108,273K
= -14.27%
The operating profit margin of Consolidated Communications Holdings Inc has shown a declining trend over the past eight quarters, with negative figures recorded in the most recent quarters. The company experienced a significant drop in operating profit margin from Q1 2023 to Q4 2023, transitioning from a slightly positive figure of 0.79% to a negative margin of -5.15%. This downward trend in operating profit margin suggests that the company's operating expenses may be increasing at a faster rate than its revenues, impacting its profitability. Additionally, the substantial year-over-year decrease in operating profit margin from Q1 2022 (9.64%) to Q1 2023 (0.79%) indicates a significant deterioration in the company's operational efficiency and profitability over the past year. Further analysis of cost management strategies and revenue generation initiatives may be warranted to improve the company's operating profit margin.
Peer comparison
Dec 31, 2023