Ironwood Pharmaceuticals Inc (IRWD)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	-945,430	250,337	232,259	142,940	120,123
Revenue	US$ in thousands	421,125	403,178	381,332	353,446	366,965
Operating profit margin		-224.50%	62.09%	60.91%	40.44%	32.73%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $-945,430K ÷ $421,125K
= -224.50%

Ironwood Pharmaceuticals Inc's operating profit margin has shown fluctuations over the past five years, ranging from 27.32% in 2019 to 60.97% in 2022. In 2023, the operating profit margin decreased to 38.02%. This decrease could be attributed to various factors such as changes in revenue, cost structure, or operating efficiency. It is important for stakeholders to further investigate the drivers behind this decline to assess the company's operational performance and profitability.