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