Exelixis Inc (EXEL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 170,885 | 41,019 | 141,215 | 147,071 | 201,484 | 366,206 | 335,214 | 374,516 | 286,666 | 194,319 | 100,118 | 52,644 | 110,060 | 163,079 | 321,265 | 337,720 | 369,470 | 403,756 | 413,326 | 407,107 |
| Revenue (ttm) | US$ in thousands | 1,830,208 | 1,774,473 | 1,714,291 | 1,663,870 | 1,611,062 | 1,638,285 | 1,554,970 | 1,520,720 | 1,434,970 | 1,253,882 | 1,156,551 | 1,030,853 | 987,538 | 957,796 | 998,407 | 979,203 | 967,775 | 956,067 | 909,761 | 855,594 |
| Operating profit margin | 9.34% | 2.31% | 8.24% | 8.84% | 12.51% | 22.35% | 21.56% | 24.63% | 19.98% | 15.50% | 8.66% | 5.11% | 11.14% | 17.03% | 32.18% | 34.49% | 38.18% | 42.23% | 45.43% | 47.58% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $170,885K ÷ $1,830,208K
= 9.34%
Exelixis Inc's operating profit margin has exhibited some fluctuations over the periods analyzed. The operating profit margin ranged from a low of 2.31% in September 2023 to a high of 47.58% in June 2019. Generally, the company's operating profit margin has been relatively healthy, with double-digit margins in most periods.
It is worth noting that there was a significant decline in the operating profit margin from the high levels in late 2019 to early 2020, where it dropped from 45.43% in December 2019 to 32.18% in March 2020 and further decreased to 17.03% in June 2020. However, the operating profit margin rebounded and remained relatively stable above 15% in the subsequent periods.
Overall, Exelixis Inc's operating profit margin performance indicates that the company has been able to generate a reasonable level of profits from its operations, although some fluctuations have been observed over time. Stakeholders should continue to monitor the company's operating efficiency and profitability to assess its financial health and sustainability.
Peer comparison
Dec 31, 2023