Masimo Corporation (MASI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -266,700 | 136,500 | 210,000 | 275,800 | 255,800 |
| Revenue | US$ in thousands | 2,039,900 | 2,053,900 | 2,073,900 | 1,239,150 | 1,143,740 |
| Operating profit margin | -13.07% | 6.65% | 10.13% | 22.26% | 22.37% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-266,700K ÷ $2,039,900K
= -13.07%
Masimo Corporation's operating profit margin has exhibited a fluctuating trend over the last five years. Starting at 22.37% on December 31, 2020, the company's operating profit margin slightly decreased to 22.26% by December 31, 2021, indicating a relatively stable performance during this period. However, there was a significant drop in the operating profit margin to 10.13% on December 31, 2022, followed by a further decline to 6.65% by December 31, 2023.
The most concerning development was observed on December 31, 2024, where Masimo Corporation reported a negative operating profit margin of -13.07%. This sharp decline is a red flag for the company's financial health, suggesting that its operating expenses may be surpassing its revenues, leading to operating losses. It is imperative for Masimo Corporation to closely monitor and address the factors contributing to this negative trend to ensure sustainable profitability and operational efficiency in the future.
Peer comparison
Dec 31, 2024