LivaNova PLC (LIVN)
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 | 129,051 | 4,040 | -27,120 | -49,910 | -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 |
| Revenue (ttm) | US$ in thousands | 1,207,181 | 1,181,723 | 1,134,930 | 1,096,381 | 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 |
| Operating profit margin | 10.69% | 0.34% | -2.39% | -4.55% | -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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $129,051K ÷ $1,207,181K
= 10.69%
The operating profit margin of LivaNova PLC has exhibited significant fluctuations over the past few years.
From March 2020 to December 2021, the company consistently operated at negative margins, with the margin deteriorating from -14.00% in March 2020 to a low of -30.94% in March 2021 and December 2021. This suggests that the company was facing challenges in generating profits from its core operations during this period.
However, starting from March 2022, there was a notable improvement in the operating profit margin, with the margin turning positive and reaching 10.69% by December 2024. This indicates that the company was able to enhance its operational efficiency and profitability during this period.
Despite some variations, the operating profit margin of LivaNova PLC has shown signs of recovery and improvement in recent years, reflecting potential strategic initiatives or operational changes that have positively impacted the company's bottom line. Moving forward, it will be crucial for the company to sustain this positive trend and continue generating profits effectively from its operations.
Peer comparison
Dec 31, 2024