Lantheus Holdings Inc (LNTH)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	364,642	36,195	-60,825	-4,198	51,661
Revenue	US$ in thousands	1,276,390	927,032	418,071	329,671	330,557
Operating profit margin		28.57%	3.90%	-14.55%	-1.27%	15.63%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $364,642K ÷ $1,276,390K
= 28.57%

The operating profit margin of Lantheus Holdings Inc has displayed significant volatility over the past five years. In 2023, the operating profit margin improved significantly to 28.13%, indicating that the company was able to generate a higher percentage of profit from its operations relative to its revenue. This increase represents a notable improvement compared to the previous years, where the margins were considerably lower and even negative in some instances.

The positive operating profit margin in 2023 suggests that Lantheus Holdings Inc managed its operating expenses more effectively, resulting in a stronger profitability ratio. This improvement could be attributed to various factors such as cost control measures, revenue growth, operational efficiency enhancements, or strategic changes in the business model.

However, it is essential to note that the significant fluctuations in the operating profit margin over the years indicate some level of instability or variability in the company's operational performance. Investors and stakeholders should closely monitor future financial reports to assess the sustainability of this positive trend and to understand the underlying factors driving the changes in the operating profit margin for Lantheus Holdings Inc.