EchoStar Corporation (SATS)
Net 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,984,183 | 85,017 | 104,035 | 105,423 | 166,548 | 38,885 | 49,552 | 74,094 | 62,721 | 140,207 | 135,430 | 89,003 | -42,864 | -93,385 | -137,134 | -130,782 | -61,479 | -120,559 | -86,198 | -3,916 |
| Revenue (ttm) | US$ in thousands | 5,482,553 | 1,828,396 | 1,915,143 | 1,933,970 | 2,033,291 | 1,975,606 | 1,957,556 | 2,000,467 | 1,986,148 | 2,024,663 | 1,986,071 | 1,910,995 | 1,819,466 | 1,829,199 | 1,830,681 | 1,927,588 | 2,025,666 | 2,057,321 | 2,131,820 | 2,120,653 |
| Net profit margin | -36.19% | 4.65% | 5.43% | 5.45% | 8.19% | 1.97% | 2.53% | 3.70% | 3.16% | 6.92% | 6.82% | 4.66% | -2.36% | -5.11% | -7.49% | -6.78% | -3.04% | -5.86% | -4.04% | -0.18% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,984,183K ÷ $5,482,553K
= -36.19%
The net profit margin of EchoStar Corporation has shown variability over the past few quarters. The company struggled in the most recent quarter ending December 31, 2023, with a significant net loss margin of -36.19%. However, in the preceding quarter, the company managed to achieve a positive net profit margin of 4.65%. This trend was also observed in the quarters ending September 30, 2023, and June 30, 2023, where the net profit margin improved further to 5.43% and 5.45% respectively.
Comparing these figures to the same periods in the previous year, there is a mix of improvement and decline. For instance, the net profit margin in the quarter ending December 31, 2022, was 8.19%, which was higher than the recent positive quarters. On the other hand, the net profit margin for the quarter ending December 31, 2021, was higher at 3.16% compared to the recent quarterly performances.
It is evident that EchoStar Corporation has experienced fluctuations in profitability over the analyzed periods, signifying potential challenges in maintaining consistent profitability. Monitoring future net profit margins will be crucial to assess the company's financial performance and stability.
Peer comparison
Dec 31, 2023