LeMaitre Vascular Inc (LMAT)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 52,256 | 36,712 | 21,164 | 25,552 | 19,801 |
| Revenue | US$ in thousands | 219,863 | 193,484 | 161,651 | 154,424 | 129,366 |
| Operating profit margin | 23.77% | 18.97% | 13.09% | 16.55% | 15.31% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $52,256K ÷ $219,863K
= 23.77%
Based on the provided data, LeMaitre Vascular Inc's operating profit margin has shown fluctuations over the years.
In December 2020, the operating profit margin was 15.31%, which increased slightly to 16.55% by December 2021. However, in December 2022, there was a decrease in the operating profit margin to 13.09%.
The trend reversed in December 2023, with a significant improvement in the operating profit margin to 18.97%, followed by a notable increase to 23.77% by December 2024.
Overall, the operating profit margin of LeMaitre Vascular Inc has shown both positive and negative fluctuations over the years, indicating changes in the company's profitability and efficiency in generating operating profits. It would be essential for the company to further analyze the factors contributing to these fluctuations to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024