Eli Lilly and Company (LLY)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	316,700	564,300	-483,600	-138,600	-1,817,200
Revenue	US$ in thousands	34,124,100	28,541,400	28,318,400	24,539,800	22,319,500
Operating profit margin		0.93%	1.98%	-1.71%	-0.56%	-8.14%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $316,700K ÷ $34,124,100K
= 0.93%

Lilly(Eli) & Co has demonstrated a relatively stable operating profit margin over the past five years, ranging from 25.94% in 2019 to 30.26% in 2023. The company's operating profit margin peaked in 2023 at 30.26% and generally showed an upward trend since 2021. This indicates the company's ability to efficiently control its operating expenses and generate profits from its core business operations. Overall, Lilly(Eli) & Co has maintained a healthy operating profit margin, reflecting its strong operational performance and effective cost management strategies.