Schrodinger Inc (SDGR)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	-177,448	-146,817	-111,443	-60,916
Revenue	US$ in thousands	216,666	180,955	137,931	108,095
Operating profit margin		-81.90%	-81.13%	-80.80%	-56.35%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $-177,448K ÷ $216,666K
= -81.90%

Schrodinger Inc's operating profit margin has shown a decreasing trend over the past five years, with figures of -81.90%, -81.13%, -80.80%, -56.35%, and -45.26% for the years 2023, 2022, 2021, 2020, and 2019 respectively. The negative values indicate that the company's operating expenses are substantially higher than its operating income, resulting in a significant loss on operations. The widening negative operating profit margins suggest that the company may be facing challenges in controlling costs or effectively managing its operations to generate profits. Further analysis of the company's cost structure and revenue generation strategies may be warranted to address the declining trend in operating profit margin.