EchoStar Corporation (SATS)

Operating 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
Operating income (ttm)	US$ in thousands	-277,909	1,001,731	1,505,429	1,299,107	990,837	598,966	189,214	208,616	217,010	211,475	185,868	155,332	112,473	105,962	95,065	55,632	73,077	-1,296	10,939	48,577
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
Operating profit margin		-5.07%	54.79%	78.61%	67.17%	48.73%	30.32%	9.67%	10.43%	10.93%	10.44%	9.36%	8.13%	6.18%	5.79%	5.19%	2.89%	3.61%	-0.06%	0.51%	2.29%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-277,909K ÷ $5,482,553K
= -5.07%

EchoStar Corporation's operating profit margin has fluctuated significantly over the past few quarters. As of December 31, 2023, the operating profit margin stood at -5.07%, reflecting a negative margin, which indicates that the company's operating expenses exceeded its operating income during that period.

However, this negative trend was preceded by a strong performance in the previous quarter ending September 30, 2023, where the operating profit margin was a robust 54.79%. This significant increase suggests that the company was able to effectively manage its operating expenses and generate higher operating income during that period.

Looking back at historical data, EchoStar's operating profit margin has shown volatility, with peaks reaching as high as 78.61% in June 30, 2023, and lows dipping to -0.06% in March 31, 2019. These fluctuations may indicate varying levels of efficiency and effectiveness in the company's cost management and revenue generation strategies over time.

It is important for stakeholders to carefully monitor EchoStar's operating profit margin trends to assess the company's operational performance and financial health. Further analysis and investigation into the underlying factors driving these fluctuations would be necessary to understand the company's overall financial position and prospects.