InterDigital Inc (IDCC)
Operating profit margin
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 221,615 | 234,884 | 213,068 | 239,592 | 150,516 | 137,511 | 142,451 | 89,402 | 71,206 | 48,757 | 27,410 | 62,476 | 55,168 | 77,324 | 65,668 | 42,666 | 37,835 | 16,384 | 25,530 | 32,295 |
| Revenue (ttm) | US$ in thousands | 517,655 | 504,255 | 483,937 | 497,549 | 401,152 | 416,818 | 445,514 | 426,114 | 407,069 | 385,797 | 330,293 | 343,605 | 336,872 | 348,243 | 333,653 | 307,944 | 307,764 | 280,929 | 290,301 | 288,591 |
| Operating profit margin | 42.81% | 46.58% | 44.03% | 48.15% | 37.52% | 32.99% | 31.97% | 20.98% | 17.49% | 12.64% | 8.30% | 18.18% | 16.38% | 22.20% | 19.68% | 13.86% | 12.29% | 5.83% | 8.79% | 11.19% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $221,615K ÷ $517,655K
= 42.81%
Interdigital Inc's operating profit margin has shown variability over the past eight quarters. The trend indicates a fluctuation from a low of 24.73% in Q4 2022 to a high of 40.32% in Q4 2023, with peaks and troughs in between. The company's operating profit margin seems to have improved in recent quarters, with Q4 2023 exhibiting the highest margin at 40.32%. This suggests that Interdigital Inc has been effectively managing its operating expenses relative to its revenue, resulting in a higher percentage of each dollar generated as profit. Despite fluctuations, the general trend indicates a positive trajectory in the company's operational efficiency and profitability. It would be beneficial for Interdigital Inc to continue monitoring and improving its operating profit margin to sustain and potentially enhance its financial performance in the future.
Peer comparison
Dec 31, 2023