Repligen Corporation (RGEN)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 54,576 | 224,670 | 167,249 | 69,823 | 36,083 |
| Revenue | US$ in thousands | 624,137 | 800,374 | 657,807 | 354,127 | 255,303 |
| Operating profit margin | 8.74% | 28.07% | 25.43% | 19.72% | 14.13% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $54,576K ÷ $624,137K
= 8.74%
Over the past five years, Repligen Corp.'s operating profit margin has shown fluctuations. The operating profit margin indicates the company's efficiency in managing its operating expenses relative to its revenue.
In 2019, the operating profit margin was at 13.35%, which increased significantly to 19.06% in 2020, reflecting improved operational efficiency. However, in 2021, there was a further increase to 25.82%, indicating even better control over operating costs and potentially higher revenue generation.
In 2022, there was a substantial decline in the operating profit margin to 24.45%, possibly due to various factors such as increased operating expenses or changes in revenue streams. Finally, in 2023, the operating profit margin dropped significantly to 3.76%, suggesting challenges in maintaining profitability levels.
Overall, while there have been fluctuations in Repligen Corp.'s operating profit margin in recent years, further analysis of the company's financial performance and operational strategies would be needed to understand the causes behind these variations.
Peer comparison
Dec 31, 2023