SolarEdge Technologies Inc (SEDG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -1,708,290 | 40,205 | 166,120 | 207,139 | 142,561 |
| Revenue | US$ in thousands | 901,456 | 2,976,530 | 3,110,280 | 1,963,860 | 1,459,270 |
| Operating profit margin | -189.50% | 1.35% | 5.34% | 10.55% | 9.77% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-1,708,290K ÷ $901,456K
= -189.50%
The operating profit margin of SolarEdge Technologies Inc has exhibited fluctuations over the past five years. The margin increased from 9.77% as of December 31, 2020, to 10.55% as of December 31, 2021, indicating a positive trend in profitability. However, in the following years, the margin experienced a notable decline, dropping to 5.34% as of December 31, 2022, and further decreasing to 1.35% by December 31, 2023.
The most recent data point of -189.50% as of December 31, 2024, is concerning and warrants a closer examination of the company's financial performance. Such a significant negative operating profit margin is unusual and may indicate potential financial distress or unusual accounting treatment that impacts profitability calculations.
Overall, the varying trajectory of SolarEdge Technologies Inc's operating profit margin signals fluctuations in the company's operational efficiency and financial health. Further analysis and contextual information are necessary to understand the reasons behind these fluctuations and assess the company's overall profitability prospects.
Peer comparison
Dec 31, 2024