Shutterstock (SSTK)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 68,708 | 68,400 | 93,624 | 108,106 | 85,266 |
| Revenue | US$ in thousands | 933,431 | 875,466 | 826,488 | 770,112 | 669,753 |
| Operating profit margin | 7.36% | 7.81% | 11.33% | 14.04% | 12.73% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $68,708K ÷ $933,431K
= 7.36%
The operating profit margin of Shutterstock has displayed some fluctuations over the years, as indicated by the data provided. In December 31, 2020, the operating profit margin stood at 12.73%, showing a slight increase to 14.04% by December 31, 2021. However, there was a noticeable decrease in the margin to 11.33% by December 31, 2022.
In the subsequent years, the operating profit margin exhibited a more significant decline, dropping to 7.81% by December 31, 2023, and further decreasing to 7.36% by December 31, 2024. These declining trends indicate potential challenges in managing operating expenses relative to revenue, impacting the company's profitability.
It is essential for Shutterstock to closely monitor and manage its operating costs to improve profitability and sustain a healthy operating profit margin in the future. Additionally, the company may need to explore strategies to enhance revenue generation and operational efficiency to counteract the downward trend in the operating profit margin.
Peer comparison
Dec 31, 2024