Exelixis Inc (EXEL)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 604,617 | 170,885 | 201,484 | 286,666 | 110,060 |
| Revenue | US$ in thousands | 2,168,700 | 1,830,210 | 1,611,060 | 1,434,970 | 987,538 |
| Operating profit margin | 27.88% | 9.34% | 12.51% | 19.98% | 11.14% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $604,617K ÷ $2,168,700K
= 27.88%
Exelixis Inc's operating profit margin has exhibited fluctuations over the past five years. As of December 31, 2020, the operating profit margin stood at 11.14%, indicating that the company generated a profit of $0.11 for every dollar of sales after accounting for operating expenses.
The operating profit margin improved significantly to 19.98% by December 31, 2021, reflecting enhanced operational efficiency and cost management. However, the margin dropped to 12.51% by December 31, 2022, suggesting a potential increase in operating costs relative to revenue.
By the end of December 31, 2023, the operating profit margin decreased further to 9.34%, indicating a decline in profitability. However, Exelixis Inc experienced a notable upturn in profitability by December 31, 2024, with the operating profit margin soaring to 27.88%, signaling strong financial performance and efficient cost control measures.
In conclusion, Exelixis Inc's operating profit margin has experienced fluctuations over the analyzed period, with improvements in certain years and declines in others. This metric is crucial for assessing the company's operational efficiency and ability to generate profits from core business activities.
Peer comparison
Dec 31, 2024