IAC Inc. (IAC)
Operating profit margin
| Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -184,345 | -260,763 | -298,943 | -390,886 | -501,553 | -474,771 | -468,984 | -376,371 | -238,651 | -137,067 | -92,083 | -182,245 | -251,270 | -556,378 |
| Revenue (ttm) | US$ in thousands | 4,210,640 | 4,365,230 | 4,553,650 | 4,743,210 | 4,994,200 | 5,235,270 | 5,148,260 | 4,771,428 | 4,238,395 | 3,699,625 | 3,114,950 | 2,976,428 | 2,873,086 | 2,768,435 |
| Operating profit margin | -4.38% | -5.97% | -6.56% | -8.24% | -10.04% | -9.07% | -9.11% | -7.89% | -5.63% | -3.70% | -2.96% | -6.12% | -8.75% | -20.10% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-184,345K ÷ $4,210,640K
= -4.38%
IAC Inc.'s operating profit margin has experienced fluctuation over the past few quarters. The margin was negative in all reported quarters, ranging from -20.10% in December 2020 to -2.96% in September 2021. More specifically, the margin deteriorated significantly from -2.96% in September 2021 to -10.04% in March 2023 but showed slight improvement to -4.38% in March 2024. This indicates that the company has been facing challenges in generating profits from its core operations, but efforts may have been made to improve operational efficiency in the most recent quarter. Further analysis of the company's cost structure and revenue streams would be necessary to understand the factors driving these fluctuations in the operating profit margin.
Peer comparison
Mar 31, 2024