EchoStar Corporation (SATS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -26,625 | -1,702,060 | 177,051 | 72,875 | -51,904 |
| Revenue | US$ in thousands | 15,825,500 | 17,015,600 | 1,998,090 | 1,985,720 | 1,887,910 |
| Net profit margin | -0.17% | -10.00% | 8.86% | 3.67% | -2.75% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-26,625K ÷ $15,825,500K
= -0.17%
The net profit margin of EchoStar Corporation has displayed significant fluctuations over the past five years. In December 2020, the company reported a negative net profit margin of -2.75%, indicating that its expenses exceeded its revenues, leading to a loss on the bottom line. However, the company made a strong recovery in December 2021, achieving a net profit margin of 3.67%, showing improved profitability.
In December 2022, EchoStar Corporation demonstrated further improvement in its financial performance with a net profit margin of 8.86%, indicating that the company effectively managed its costs and increased profitability. Unfortunately, in December 2023, the net profit margin sharply declined to -10.00%, signifying a significant loss relative to its revenue, which could be attributed to various factors impacting the business operations.
By December 2024, the net profit margin continued to fluctuate, albeit at a lesser extent, with a slight negative value of -0.17%. This suggests that the company may have struggled to maintain consistent profitability levels during that period. Overall, the varying trend in EchoStar Corporation's net profit margin highlights the importance of closely monitoring financial performance to identify key areas for improvement and sustainable growth.
Peer comparison
Dec 31, 2024