EchoStar Corporation (SATS)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands -304,070 -277,909 189,644 217,010 112,473
Revenue US$ in thousands 15,825,500 17,015,600 1,998,090 1,985,720 1,887,910
Operating profit margin -1.92% -1.63% 9.49% 10.93% 5.96%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-304,070K ÷ $15,825,500K
= -1.92%

The operating profit margin of EchoStar Corporation has shown fluctuations over the past five years. In December 2020, the operating profit margin stood at 5.96%, indicating that the company was generating approximately 5.96 cents of operating profit for every dollar of sales.

By December 2021, the operating profit margin improved significantly to 10.93%, suggesting more efficient cost management or increased sales revenue relative to operating expenses. However, in December 2022, the operating profit margin slightly decreased to 9.49%, though it still remained at a relatively healthy level.

The trend took a negative turn in the following years, with the operating profit margin declining sharply to -1.63% in December 2023 and further to -1.92% by the end of December 2024. These negative margins indicate that the company's operating expenses exceeded its operating profit, resulting in operational losses during these periods.

Overall, while EchoStar Corporation experienced a positive trend in its operating profit margin initially, there was a notable downturn in the later years, highlighting potential challenges in managing costs or sustaining revenue growth to ensure profitability.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating profit margin
EchoStar Corporation
SATS
-1.92%
Harmonic Inc
HLIT
9.30%
Motorola Solutions Inc
MSI
24.85%
ViaSat Inc
VSAT
-2.16%