Sabre Corpo (SABR)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -527,608 | -435,448 | -928,469 | -1,282,340 | 158,592 |
| Revenue | US$ in thousands | 2,351,280 | 2,237,310 | 1,417,990 | 1,077,380 | 3,818,600 |
| Net profit margin | -22.44% | -19.46% | -65.48% | -119.02% | 4.15% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-527,608K ÷ $2,351,280K
= -22.44%
Sabre Corp's net profit margin has shown significant fluctuations over the past five years. In 2019, the company reported a net profit margin of 3.99%, indicating that for every dollar of revenue generated, the company retained $0.039 as profit. However, the net profit margin deteriorated sharply in 2020 to -95.97%, which suggests that the company incurred significant losses relative to its revenue during that year.
The negative trend continued in 2021, with the net profit margin plummeting to -56.25%. This indicates that Sabre Corp faced challenges in controlling its expenses or generating sufficient revenue to offset its costs. In 2022 and 2023, the net profit margin remained negative at -18.01% and -18.64% respectively, although there was a slight improvement compared to the previous years.
Overall, the consistently negative net profit margins reflect ongoing profitability challenges for Sabre Corp. The company may need to focus on optimizing its cost structure, increasing operational efficiency, and enhancing revenue generation strategies to improve its financial performance in the future.
Peer comparison
Dec 31, 2023