Integer Holdings Corp (ITGR)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 167,330 | 121,327 | 135,711 | 120,612 | 157,635 |
| Revenue | US$ in thousands | 1,533,820 | 1,330,020 | 1,187,800 | 1,040,450 | 1,207,820 |
| Operating profit margin | 10.91% | 9.12% | 11.43% | 11.59% | 13.05% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $167,330K ÷ $1,533,820K
= 10.91%
Integer Holdings Corp's operating profit margin has shown some fluctuations over the past five years. The operating profit margin was 10.72% in 2023, showing a slight increase from the previous year's margin of 9.91% in 2022. However, it is lower compared to the margins in 2021 and 2020, which were 11.72% and 11.95%, respectively. The highest operating profit margin was recorded in 2019 at 13.50%.
Overall, the trend in operating profit margin for Integer Holdings Corp has been somewhat volatile, with fluctuations seen from year to year. It is essential for the company to monitor and analyze the factors influencing these changes to ensure sustainable and profitable operations in the future.
Peer comparison
Dec 31, 2023