Sabre Corpo (SABR)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	47,143	-261,060	-665,487	-988,039	363,417
Revenue	US$ in thousands	2,351,280	2,237,310	1,417,990	1,077,380	3,818,600
Operating profit margin		2.00%	-11.67%	-46.93%	-91.71%	9.52%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $47,143K ÷ $2,351,280K
= 2.00%

Sabre Corp's operating profit margin has varied significantly over the past five years. In 2023, the operating profit margin improved to 1.62%, indicating that the company was able to generate a slight profit from its operations after expenses. This represents a positive shift compared to the previous year, where the company experienced a negative operating profit margin of -10.29%.

Looking back further, in 2021, Sabre Corp's operating profit margin was significantly lower at -39.42%, indicating that the company's operating expenses were high relative to its revenue. The situation was even worse in 2020, with an operating profit margin of -74.25%, suggesting significant operational inefficiencies or challenges faced by the company during that period.

In contrast, in 2019, Sabre Corp achieved a healthy operating profit margin of 9.14%, indicating that the company was able to effectively control its operating expenses and generate a reasonable profit from its core business activities.

Overall, Sabre Corp's operating profit margin has displayed fluctuations over the years, with improvements in some years and challenges in others. It is crucial for the company to continue monitoring and optimizing its operational efficiency to ensure sustainable profitability in the future.