LivaNova PLC (LIVN)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -68,498 | 33,452 | -102,979 | -88,599 | -76,752 | -65,958 | 82,437 | 14,419 | -784 | -274,561 | -298,535 | -279,016 | -273,899 | -168,852 | -135,539 | -148,672 | -168,870 | -301,346 | -332,864 | -281,381 |
| Revenue (ttm) | US$ in thousands | 1,093,987 | 1,057,777 | 1,026,749 | 989,010 | 971,142 | 983,022 | 925,125 | 933,289 | 932,621 | 932,112 | 974,900 | 901,723 | 907,604 | 925,639 | 964,065 | 1,062,089 | 1,073,680 | 1,083,073 | 1,091,319 | 1,105,702 |
| Operating profit margin | -6.26% | 3.16% | -10.03% | -8.96% | -7.90% | -6.71% | 8.91% | 1.54% | -0.08% | -29.46% | -30.62% | -30.94% | -30.18% | -18.24% | -14.06% | -14.00% | -15.73% | -27.82% | -30.50% | -25.45% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-68,498K ÷ $1,093,987K
= -6.26%
The operating profit margin of LivaNova PLC has shown a decreasing trend over the past few quarters. In Q4 2023, the operating profit margin was 1.86%, down from 3.41% in Q3 2023 and 3.52% in Q2 2023. This decline continues from previous quarters where the operating profit margin was 4.17% in Q1 2023, 5.15% in Q4 2022, and 12.44% in Q3 2022.
The significant drop in operating profit margin from Q3 2022 to Q4 2022, followed by a relatively stable performance in Q1 and Q2 2023, suggests potential challenges in cost management or revenue generation that impacted the company's profitability.
Further analysis would be required to investigate the specific factors driving this downward trend in the operating profit margin for LivaNova PLC. Factors such as changes in pricing strategies, cost structures, efficiency of operations, or overall market conditions could be influencing the company's profitability metrics.
Peer comparison
Dec 31, 2023