Hims Hers Health Inc (HIMS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 61,903 | -29,453 | -68,697 | -115,042 | -15,144 |
| Revenue | US$ in thousands | 1,476,510 | 872,000 | 526,916 | 271,878 | 148,757 |
| Operating profit margin | 4.19% | -3.38% | -13.04% | -42.31% | -10.18% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $61,903K ÷ $1,476,510K
= 4.19%
The operating profit margin of Hims Hers Health Inc has shown fluctuations over the past five years. Starting at a negative figure of -10.18% in December 31, 2020, the margin deteriorated significantly by December 31, 2021, reaching -42.31%. However, there was a slight improvement by December 31, 2022, with the margin at -13.04%. Subsequently, by December 31, 2023, the margin further improved to -3.38%. Finally, by December 31, 2024, the company managed to achieve a positive operating profit margin of 4.19%, indicating a turnaround from previous years of negative margins. This trend suggests that Hims Hers Health Inc has been working towards optimizing its operational efficiency and cost management strategies.
Peer comparison
Dec 31, 2024