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.