HealthStream Inc (HSTM)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 16,019 | 12,449 | 8,055 | 15,818 | 14,720 |
| Revenue | US$ in thousands | 279,063 | 266,851 | 256,691 | 244,826 | 254,112 |
| Operating profit margin | 5.74% | 4.67% | 3.14% | 6.46% | 5.79% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $16,019K ÷ $279,063K
= 5.74%
Healthstream Inc's operating profit margin has fluctuated over the past five years. In 2023, the operating profit margin increased to 5.74%, up from 4.67% in 2022, indicating improved profitability relative to the previous year. However, the margin is still lower than the levels seen in 2020 and 2019 when it was 6.46% and 5.79%, respectively. The lowest operating profit margin of 3.14% was recorded in 2021. This fluctuation suggests that Healthstream Inc's operational efficiency and cost management have varied over the years, impacting its profitability ratios. Further analysis of the company's financial performance and operational strategies may be warranted to understand the underlying factors influencing these changes in operating profit margin.
Peer comparison
Dec 31, 2023