Dynavax Technologies Corporation (DVAX)
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 | -2,070 | -8,929 | -13,895 | -23,360 | -24,715 | 46,911 | 103,192 | 234,824 | 283,522 | 301,104 | 255,775 | 136,720 | 134,486 | 41,874 | 11,981 | -20,530 | -68,371 | -83,865 | -100,669 | -116,301 |
| Revenue (ttm) | US$ in thousands | 277,247 | 260,811 | 249,695 | 236,149 | 232,284 | 361,180 | 459,401 | 655,616 | 722,683 | 733,261 | 673,796 | 470,099 | 439,442 | 263,922 | 169,066 | 118,967 | 46,551 | 37,571 | 34,732 | 40,365 |
| Operating profit margin | -0.75% | -3.42% | -5.56% | -9.89% | -10.64% | 12.99% | 22.46% | 35.82% | 39.23% | 41.06% | 37.96% | 29.08% | 30.60% | 15.87% | 7.09% | -17.26% | -146.87% | -223.22% | -289.85% | -288.12% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-2,070K ÷ $277,247K
= -0.75%
The operating profit margin of Dynavax Technologies Corporation has exhibited a significant improvement over the analyzed period. Starting from very low negative figures in early 2020, indicating high operating expenses relative to sales, the company managed to gradually enhance its operational efficiency. The margin turned positive in the subsequent quarters, showing a positive trend in profitability.
By the end of 2022, the operating profit margin reached above 35%, reflecting the company's ability to generate more profits from its core business operations. However, a slight decline was observed in the following quarters of 2023, likely due to various factors affecting the company's profitability.
In the last quarter of 2024, the operating profit margin turned negative once again, though at a much lower level compared to earlier periods. This indicates a potential need for the company to review its cost structure and operational efficiency to sustain its profitability in the future. Overall, Dynavax Technologies Corporation has shown a positive trajectory in improving its operating profit margin, but some challenges persist that may require further attention.
Peer comparison
Dec 31, 2024