Insulet Corporation (PODD)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	308,900	220,000	-26,700	66,700	-600
Revenue	US$ in thousands	2,071,600	1,697,100	1,305,300	1,098,800	904,400
Operating profit margin		14.91%	12.96%	-2.05%	6.07%	-0.07%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $308,900K ÷ $2,071,600K
= 14.91%

Insulet Corporation's operating profit margin has displayed varying trends over the five-year period from December 31, 2020, to December 31, 2024. The margin was negative at the end of 2020, indicating that the company's operating expenses exceeded its operating income.

However, there was a significant improvement in the operating profit margin by the end of 2021, reaching 6.07%, suggesting more effective cost management or revenue growth. Subsequently, the margin declined and turned negative again at the end of 2022, potentially indicating operational challenges or increased costs.

By the end of 2023, the operating profit margin experienced a substantial increase to 12.96%, implying improved operational efficiency or increased revenue generation relative to costs. The trend continued positively into 2024, with an operating profit margin of 14.91%, indicating a healthy performance in terms of generating profits from the company's core operations.

Overall, the analysis of Insulet Corporation's operating profit margin underscores the importance of consistent monitoring and management of operating expenses and revenues to ensure sustainable profitability and financial health.