Intuitive Surgical Inc (ISRG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,348,900 | 1,766,800 | 1,577,100 | 1,821,000 | 1,049,800 |
| Revenue | US$ in thousands | 8,961,500 | 7,616,100 | 6,548,300 | 5,970,600 | 4,546,000 |
| Operating profit margin | 26.21% | 23.20% | 24.08% | 30.50% | 23.09% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,348,900K ÷ $8,961,500K
= 26.21%
Intuitive Surgical Inc's operating profit margin has shown fluctuations over the past five years. The margin increased from 23.09% as of December 31, 2020, to 30.50% as of December 31, 2021, indicating a significant improvement in profitability. However, there was a slight decline in the margin to 24.08% by December 31, 2022, followed by a modest decrease to 23.20% by December 31, 2023.
The company managed to improve its operating profit margin once again to 26.21% by December 31, 2024. Overall, Intuitive Surgical Inc has demonstrated the ability to maintain relatively healthy operating profit margins, with some fluctuations in recent years. It is essential for investors and stakeholders to closely monitor these margins to assess the company's operational efficiency and profitability trends.
Peer comparison
Dec 31, 2024