Iridium Communications Inc (IRDM)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 200,384 | 194,565 | 167,868 | 108,251 | 81,628 | 54,105 | 43,824 | 80,594 | 76,679 | 68,580 | 65,735 | 56,531 | 46,314 | 40,740 | 38,444 | 32,677 | 35,483 | 30,384 | 25,662 | 23,575 |
| Revenue (ttm) | US$ in thousands | 830,682 | 808,198 | 784,915 | 784,230 | 790,723 | 765,535 | 769,021 | 754,775 | 721,034 | 694,988 | 672,226 | 644,376 | 614,500 | 562,328 | 564,734 | 567,318 | 583,439 | 575,806 | 569,119 | 572,046 |
| Operating profit margin | 24.12% | 24.07% | 21.39% | 13.80% | 10.32% | 7.07% | 5.70% | 10.68% | 10.63% | 9.87% | 9.78% | 8.77% | 7.54% | 7.24% | 6.81% | 5.76% | 6.08% | 5.28% | 4.51% | 4.12% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $200,384K ÷ $830,682K
= 24.12%
The operating profit margin of Iridium Communications Inc has shown fluctuations over the period under review. It started at 4.12% in March 31, 2020, gradually increased to 10.63% by December 31, 2022, before experiencing a notable decline to 5.70% by June 30, 2023. The margin then picked up to 13.80% by March 31, 2024, surged to 24.12% by December 31, 2024. Overall, the company's operating profit margin has shown variability but ended on a high note at 24.12% by the end of December 31, 2024.
Peer comparison
Dec 31, 2024
Company name
Symbol
Operating profit margin
Iridium Communications Inc
IRDM
24.12%
ESCO Technologies Inc
ESE
11.51%
Lumentum Holdings Inc
LITE
-15.97%