Revvity Inc. (RVTY)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 346,741 | 300,562 | 742,699 | 1,258,460 | 867,273 |
| Revenue | US$ in thousands | 2,756,080 | 2,750,570 | 3,311,820 | 3,827,810 | 3,782,740 |
| Operating profit margin | 12.58% | 10.93% | 22.43% | 32.88% | 22.93% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $346,741K ÷ $2,756,080K
= 12.58%
Based on the data provided, Revvity Inc.'s operating profit margin has fluctuated over the years. In December 31, 2020, the operating profit margin stood at 22.93%, showing a decent level of profitability. This ratio improved significantly to 32.88% by December 31, 2021, indicating better operational efficiency and profitability during that period.
However, in the subsequent years, the operating profit margin declined. By December 31, 2022, it decreased to 22.43%, signaling a slight downturn in profitability. The trend continued as the operating profit margin dropped further to 10.93% by December 31, 2023, reflecting a significant decline in operational profitability.
In the most recent period, December 31, 2024, the operating profit margin slightly rebounded to 12.58%, but it still remained below the levels observed in the earlier years. Overall, Revvity Inc. experienced fluctuations in its operating profit margin over the years, highlighting the importance of closely monitoring and managing operational efficiency to sustain and improve profitability levels.
Peer comparison
Dec 31, 2024