Lantheus Holdings Inc (LNTH)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	364,642	55,479	28,861	-32,074	36,195	172,534	72,463	-17,522	-60,825	-26,015	-16,937	4,299	-4,198	8,768	22,535	42,617	51,661	56,166	64,131	65,520
Revenue (ttm)	US$ in thousands	1,276,389	1,187,351	1,109,989	1,015,127	927,032	795,018	657,874	534,885	418,071	381,423	366,815	331,865	329,671	327,749	325,304	339,127	332,643	342,560	343,779	346,682
Operating profit margin		28.57%	4.67%	2.60%	-3.16%	3.90%	21.70%	11.01%	-3.28%	-14.55%	-6.82%	-4.62%	1.30%	-1.27%	2.68%	6.93%	12.57%	15.53%	16.40%	18.65%	18.90%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $364,642K ÷ $1,276,389K
= 28.57%

The operating profit margin of Lantheus Holdings Inc has shown variability over the past eight quarters. In Q4 2023, the operating profit margin was at a relatively high level of 28.13%, indicating that the company was able to effectively control its operating expenses and generate significant profits from its operations. This was a substantial improvement compared to the previous quarter, Q3 2023, which had a lower operating profit margin of 4.60%.

Looking back further, Q2 2023 had an operating profit margin of 2.57%, while Q1 2023 recorded a negative operating profit margin of -3.12%, suggesting that the company faced challenges in controlling its costs and/or experienced a decline in revenue during those periods.

Comparing the performance to the same quarters in the previous year, Q4 2022 saw an operating profit margin of 3.87%, Q3 2022 had 21.53%, Q2 2022 had 10.91%, and Q1 2022 had a negative operating profit margin of -3.24%. This indicates that the company's operating profit margin in Q4 2023 was also stronger compared to the same quarter in the prior year.

Overall, Lantheus Holdings Inc's operating profit margin has shown volatility, with fluctuations in profitability levels, highlighting the importance of closely monitoring and managing operating expenses to enhance overall financial performance.