LeMaitre Vascular Inc (LMAT)

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 52,256 49,556 45,588 40,660 36,660 32,016 26,922 23,254 21,043 23,834 28,821 34,143 36,425 37,669 38,614 32,380 28,788 24,171 20,058 21,101
Revenue (ttm) US$ in thousands 219,863 213,029 205,621 199,887 193,484 185,555 177,172 169,165 161,651 160,200 159,540 158,102 154,424 152,469 150,517 134,698 129,366 121,988 114,672 119,304
Operating profit margin 23.77% 23.26% 22.17% 20.34% 18.95% 17.25% 15.20% 13.75% 13.02% 14.88% 18.07% 21.60% 23.59% 24.71% 25.65% 24.04% 22.25% 19.81% 17.49% 17.69%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $52,256K ÷ $219,863K
= 23.77%

LeMaitre Vascular Inc's operating profit margin has shown fluctuation over the analyzed period from March 31, 2020, to December 31, 2024. The company's operating profit margin peaked at 25.65% on June 30, 2021, and experienced a general upward trend up to September 30, 2021. Subsequently, the operating profit margin started a downward trend, reaching its lowest point of 13.02% on December 31, 2022. From that point, the operating profit margin has gradually increased, ending the period at 23.77% on December 31, 2024.

This fluctuation in the operating profit margin suggests that LeMaitre Vascular Inc experienced changes in its operating efficiency and cost management during the period under review. It is essential for stakeholders to closely monitor these trends to assess the company's operational performance and financial health effectively.