Innoviva Inc (INVA)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 229,367 176,709 209,991 375,103 321,123
Revenue US$ in thousands 358,711 310,463 331,339 391,866 336,794
Operating profit margin 63.94% 56.92% 63.38% 95.72% 95.35%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $229,367K ÷ $358,711K
= 63.94%

Innoviva Inc's operating profit margin has demonstrated a relatively strong performance over the years, showing a consistent level above 50%. The margin has shown a downward trend from 95.35% in 2020 to 56.92% in 2023, with a slight increase to 63.94% in 2024. The company's ability to generate profits from its core operations has remained notably high, although there was a slight decline in profitability in 2023. It is important for Innoviva Inc to closely monitor and manage its operating expenses to ensure sustained profitability in the future.