Lantheus Holdings Inc (LNTH)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	456,979	364,642	-13,437	-76,088	-4,198
Revenue	US$ in thousands	1,533,910	1,296,430	935,061	425,208	339,410
Operating profit margin		29.79%	28.13%	-1.44%	-17.89%	-1.24%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $456,979K ÷ $1,533,910K
= 29.79%

The operating profit margin for Lantheus Holdings Inc has exhibited significant fluctuations over the past five years. As of December 31, 2020, the operating profit margin was at a low -1.24%, indicating that the company's operating expenses were almost equal to its revenue. Subsequently, by December 31, 2021, the operating profit margin deteriorated further to -17.89%, reflecting increased operating costs relative to revenue.

However, there was a noteworthy turnaround in the company's performance by December 31, 2023, as the operating profit margin surged to 28.13%, signifying a substantial improvement in operational efficiency and profitability. This positive trend continued into the following year, with the operating profit margin reaching 29.79% by December 31, 2024.

Overall, the fluctuations in Lantheus Holdings Inc's operating profit margin highlight the company's dynamic financial performance, showcasing both periods of struggle and significant advancement in managing and optimizing its operational costs relative to revenue.