IAC Inc. (IAC)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | -260,763 | -474,771 | -137,067 | -537,663 |
| Revenue | US$ in thousands | 4,365,240 | 5,235,280 | 3,699,630 | 2,764,540 |
| Operating profit margin | -5.97% | -9.07% | -3.70% | -19.45% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-260,763K ÷ $4,365,240K
= -5.97%
The operating profit margin of IAC Inc. has shown a fluctuating trend over the past four years. In 2020, the company's operating profit margin was notably low at -19.45%, indicating that for each dollar of revenue generated, the company incurred a significant amount of operating expenses. However, there was an improvement in 2021, with the operating profit margin narrowing to -3.70%, suggesting a slight reduction in operating expenses relative to revenue.
Despite this improvement in 2021, the company's operating profit margin deteriorated again in 2022 to -9.07%, indicating that operating expenses once again increased compared to revenue. The latest data for 2023 shows a further decline in the operating profit margin to -5.97%.
Overall, this negative trend in the operating profit margin over the past four years suggests that IAC Inc. is facing challenges in effectively managing its operating expenses relative to its revenue generation, which may impact its profitability and financial performance.
Peer comparison
Dec 31, 2023