MaxLinear Inc (MXL)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -38,221 | 180,243 | 65,245 | -101,139 | -22,057 |
| Revenue | US$ in thousands | 693,263 | 1,120,250 | 892,398 | 478,596 | 317,180 |
| Operating profit margin | -5.51% | 16.09% | 7.31% | -21.13% | -6.95% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-38,221K ÷ $693,263K
= -5.51%
MaxLinear Inc's operating profit margin has displayed a fluctuating trend over the past five years. In 2023, the operating profit margin declined to -2.31%, indicating that the company generated a loss from its core operations, which is a concerning development. In 2022, the operating profit margin stood at a healthy 16.54%, reflecting strong profitability from operations. This positive performance was also evident in 2021 when the operating profit margin was 7.56%. However, in 2020 and 2019, the company experienced operating losses, with operating profit margins of -20.31% and -6.12% respectively. This variability suggests that MaxLinear Inc's operating performance has been volatile, and may warrant a closer examination of the factors impacting its profitability.
Peer comparison
Dec 31, 2023