Match Group Inc (MTCH)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 823,312 2,211 889,295 386,641 745,715
Revenue US$ in thousands 3,479,370 3,364,500 3,188,840 2,983,280 2,391,270
Operating profit margin 23.66% 0.07% 27.89% 12.96% 31.18%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $823,312K ÷ $3,479,370K
= 23.66%

The operating profit margin of Match Group Inc has shown fluctuating trends over the years based on the provided data.

- In December 31, 2020, the operating profit margin was relatively high at 31.18%, indicating that Match Group was efficient in generating profits from its operations during that period.

- However, there was a significant decline in the operating profit margin by December 31, 2021, dropping to 12.96%. This decrease suggests a decrease in profitability relative to revenue, which could be a result of increased operating expenses or other factors impacting profitability.

- The operating profit margin bounced back in December 31, 2022, reaching 27.89%, indicating an improvement in profitability compared to the previous year.

- By December 31, 2023, the operating profit margin plummeted to an extremely low 0.07%. This sharp decline could be concerning, suggesting that Match Group may have struggled to cover its operating costs with the revenue generated during this period.

- The operating profit margin recovered slightly by December 31, 2024, standing at 23.66%. Although showing an improvement from the previous year, it is still lower than the margins seen in 2020 and 2022.

In summary, Match Group's operating profit margin has shown volatility over the years, with fluctuations impacting the company's overall profitability. Further analysis of the underlying factors driving these fluctuations would be necessary to understand the company's performance in greater detail.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating profit margin
Match Group Inc
MTCH
23.66%
IAC Inc.
IAC
-0.11%
Sally Beauty Holdings Inc
SBH
7.61%
Ulta Beauty Inc
ULTA
13.85%