Match Group Inc (MTCH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 916,896 | 515,005 | 851,679 | 745,715 | 645,454 |
| Revenue | US$ in thousands | 3,364,500 | 3,188,840 | 2,983,280 | 2,391,270 | 2,051,260 |
| Operating profit margin | 27.25% | 16.15% | 28.55% | 31.18% | 31.47% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $916,896K ÷ $3,364,500K
= 27.25%
Match Group Inc.'s operating profit margin has demonstrated variability over the past five years. In 2019, the company's operating profit margin was at a relatively low level of 12.29%. However, there was a significant improvement in 2020, with the operating profit margin jumping to 31.18%. This indicates that Match Group was able to generate more profits from its core operations compared to the previous year.
The operating profit margin then experienced a slight decline in 2021 to 28.55%, but still remained at a healthy level. However, in 2022, there was a notable decrease in the operating profit margin to 16.15%, suggesting a potential dip in the company's profitability compared to the prior year.
The most recent data shows that in 2023, Match Group Inc. was able to improve its operating profit margin to 27.25%, indicating a recovery from the decline in 2022 but not yet reaching the high levels seen in 2020. Overall, the trend in operating profit margin for Match Group Inc. shows fluctuations, highlighting the importance of monitoring the company's operational efficiency and profitability over time.
Peer comparison
Dec 31, 2023