MKS Instruments Inc (MKSI)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -1,554,000 | 617,000 | 699,000 | 454,000 | 219,800 |
| Revenue | US$ in thousands | 3,260,000 | 3,377,000 | 2,924,200 | 2,300,900 | 1,862,410 |
| Operating profit margin | -47.67% | 18.27% | 23.90% | 19.73% | 11.80% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-1,554,000K ÷ $3,260,000K
= -47.67%
The operating profit margin of MKS Instruments Inc has displayed significant fluctuations over the past five years. In 2023, the company reported a negative operating profit margin of -47.67%, which is a considerable decline from the positive margins seen in the previous years. This negative margin indicates that the company's operating expenses exceeded its gross profit, resulting in a loss from its core operations.
In contrast, in 2022, the operating profit margin stood at 18.27%, showing a strong performance in generating profits from operations relative to sales. The company's margin peaked in 2021 at 23.90%, indicating efficient cost management and pricing strategies.
The operating profit margin in 2020 and 2019 was 19.73% and 11.80%, respectively, showing variations but still demonstrating the company's ability to generate profits from its core business activities.
Overall, the fluctuating trend in MKS Instruments Inc's operating profit margin suggests potential volatility in its operational efficiency and cost management strategies over the years. Further analysis of the company's operating expenses and revenue streams would provide insights into the factors driving these fluctuations.
Peer comparison
Dec 31, 2023