Moderna Inc (MRNA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -3,945,000 | -4,239,000 | 9,420,000 | 13,296,000 | -763,144 |
| Revenue | US$ in thousands | 3,236,000 | 6,848,000 | 19,263,000 | 17,736,000 | 274,490 |
| Operating profit margin | -121.91% | -61.90% | 48.90% | 74.97% | -278.02% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-3,945,000K ÷ $3,236,000K
= -121.91%
From the data provided, the operating profit margin of Moderna Inc has shown significant fluctuations over the years.
As of December 31, 2020, the operating profit margin was at a negative 278.02%, indicating that the company's operating expenses exceeded its revenues, resulting in a loss on operations.
By December 31, 2021, the operating profit margin improved drastically to 74.97%, reflecting a strong turnaround in the company's operations, where its operating income significantly exceeded its operating expenses.
In the following years, the operating profit margin remained positive but decreased to 48.90% by December 31, 2022, indicating that the company's operating expenses began to catch up with its operating income.
However, by December 31, 2023, the operating profit margin turned negative again to -61.90%, suggesting that the company faced challenges in managing its operating costs relative to its revenues.
The trend continued to worsen as of December 31, 2024, with the operating profit margin plummeting to -121.91%, indicating that the company's operating expenses far exceeded its operating income, resulting in a significant loss on operations.
Overall, the fluctuating operating profit margin of Moderna Inc reflects the company's varying levels of operational efficiency and financial performance over the years.
Peer comparison
Dec 31, 2024