ICU Medical Inc (ICUI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 42,964 | 22,825 | -8,704 | 52,383 | 41,809 |
| Revenue | US$ in thousands | 2,382,050 | 2,259,130 | 2,280,000 | 1,316,310 | 1,271,000 |
| Operating profit margin | 1.80% | 1.01% | -0.38% | 3.98% | 3.29% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $42,964K ÷ $2,382,050K
= 1.80%
The operating profit margin of ICU Medical Inc has shown some variability over the years based on the provided data.
In December 2020, the operating profit margin stood at 3.29%, indicating that for every dollar of revenue generated, the company was able to retain 3.29 cents as operating profit.
By December 2021, the operating profit margin improved to 3.98%, suggesting an enhancement in the company's operational efficiency and cost management.
However, there was a notable decline in the operating profit margin by December 2022, dropping to -0.38%. This negative margin indicates that the company's operating expenses exceeded its operating income during that period, possibly pointing towards financial challenges or inefficiencies.
The following year, by December 2023, the operating profit margin slightly recovered to 1.01%, showing a partial improvement from the negative margin recorded in the previous year.
The most recent data point available, December 2024, shows a further improvement in the operating profit margin to 1.80%, reflecting better control over operating expenses and an increase in operating income relative to revenue.
Overall, the analysis of ICU Medical Inc's operating profit margin highlights a mix of performance fluctuations and improvements, indicating the company's efforts in managing operating costs and enhancing profitability over the years.
Peer comparison
Dec 31, 2024