Rambus Inc (RMBS)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 153,639 | 76,942 | 24,281 | -44,054 | -100,141 |
| Revenue | US$ in thousands | 461,117 | 454,793 | 328,304 | 246,322 | 227,603 |
| Operating profit margin | 33.32% | 16.92% | 7.40% | -17.88% | -44.00% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $153,639K ÷ $461,117K
= 33.32%
The operating profit margin of Rambus Inc. has shown variability over the past five years. In 2023, the operating profit margin increased to 19.84%, representing a positive trend compared to the previous year's margin of 17.60%. This improvement indicates that the company was able to generate a higher percentage of operating profit compared to its revenue in 2023.
Looking further back, a notable increase in the operating profit margin was observed in 2021 when it reached 9.12%, a significant improvement from the negative margins in 2020 (-16.96%) and 2019 (-39.41%). This positive trend suggests that Rambus Inc. made operational improvements and implemented cost-cutting measures over these two years, leading to a turnaround in its profitability.
Overall, the fluctuation in Rambus Inc.'s operating profit margin over the years indicates the company's ability to adapt to changing market conditions and efficiently manage its operating expenses to enhance profitability.
Peer comparison
Dec 31, 2023