Option Care Health Inc (OPCH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 314,595 | 240,231 | 190,841 | 110,755 | -319 |
| Revenue | US$ in thousands | 4,251,080 | 3,890,930 | 3,358,250 | 2,913,300 | 2,305,570 |
| Operating profit margin | 7.40% | 6.17% | 5.68% | 3.80% | -0.01% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $314,595K ÷ $4,251,080K
= 7.40%
Option Care Health Inc.'s operating profit margin has shown a positive trend over the past five years, reflecting the company's improving operational efficiency. The operating profit margin has steadily increased from -0.01% in 2019 to 7.31% in 2023. This improvement indicates that the company has been able to generate more operating profit for each dollar of revenue, which is a positive sign of effective cost control and revenue growth strategies. Overall, the increasing trend in operating profit margin suggests that Option Care Health Inc. has been successful in managing its operational expenses and optimizing its revenue streams.
Peer comparison
Dec 31, 2023