Sarepta Therapeutics Inc (SRPT)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -267,824 | -536,201 | -459,710 | -564,163 | -705,563 |
| Revenue | US$ in thousands | 1,243,340 | 933,013 | 701,887 | 540,099 | 380,833 |
| Operating profit margin | -21.54% | -57.47% | -65.50% | -104.46% | -185.27% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-267,824K ÷ $1,243,340K
= -21.54%
Over the past five years, Sarepta Therapeutics Inc has shown fluctuations in its operating profit margin. The company's operating profit margin was notably negative in all years, with the figures improving gradually from -185.27% in 2019 to -21.54% in 2023. Despite the negative values indicating operating losses in each of these years, the narrowing of the margin over time suggests potential improvements in the company's operational efficiency and cost management. Further analysis would be necessary to understand the specific factors driving these changes and their implications for the company's overall financial health.
Peer comparison
Dec 31, 2023