Revvity Inc. (RVTY)

Operating profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jul 5, 2020	Apr 5, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	300,562	360,869	402,421	556,859	742,696	905,124	989,898	1,065,403	1,258,457	1,468,817	1,521,269	1,388,909	978,581	606,575	437,229	353,325	361,973	339,408	340,950	337,279
Revenue (ttm)	US$ in thousands	2,769,887	2,744,391	2,810,941	3,023,524	3,311,822	3,598,518	3,748,030	3,763,135	3,827,812	4,154,512	4,257,222	4,158,193	3,782,749	3,233,635	2,976,533	2,887,332	2,883,673	2,834,526	2,801,916	2,782,761
Operating profit margin		10.85%	13.15%	14.32%	18.42%	22.43%	25.15%	26.41%	28.31%	32.88%	35.35%	35.73%	33.40%	25.87%	18.76%	14.69%	12.24%	12.55%	11.97%	12.17%	12.12%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $300,562K ÷ $2,769,887K
= 10.85%

The operating profit margin of Revvity Inc. has shown a decreasing trend over the past quarters, starting at 22.43% in Q4 2022 and reaching 10.93% in Q4 2023. This indicates that the company's ability to generate profits from its core operations has been declining. The highest operating profit margin was observed in Q1 2023 at 20.19%, followed by Q2 2023 at 16.58% and Q3 2023 at 14.85%.

A decreasing trend in operating profit margin may raise concerns about the company's efficiency in controlling costs and expenses relative to its revenue. It suggests that the company may be facing challenges in maintaining profitability from its primary business activities. Analyzing the factors contributing to this decline and implementing corrective measures could help Revvity Inc. improve its operating profit margin in future periods.