STAAR Surgical Company (STAA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -12,611 | 28,097 | 43,802 | 33,339 | 6,769 |
| Revenue | US$ in thousands | 313,901 | 322,415 | 284,391 | 230,472 | 163,460 |
| Operating profit margin | -4.02% | 8.71% | 15.40% | 14.47% | 4.14% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-12,611K ÷ $313,901K
= -4.02%
STAAR Surgical Company's operating profit margin has shown significant fluctuation over the past five years. In December 2020, the operating profit margin was relatively low at 4.14%, indicating that the company's operating expenses were relatively high compared to its revenue during that period.
However, there was a notable improvement in the operating profit margin in the subsequent years. By December 2022, the operating profit margin had increased to 15.40%, reflecting a more efficient management of operating expenses relative to revenue. This trend continued in December 2023, although the margin slightly dropped to 8.71%.
In December 2024, the operating profit margin took a sharp downturn, reaching -4.02%. This negative margin suggests that the company's operating expenses exceeded its revenue during that period, leading to an overall operating loss.
Overall, the analysis of STAAR Surgical Company's operating profit margin highlights the company's varying ability to manage its operating expenses in relation to its revenue over the years, with notable improvements followed by a significant decline in the most recent year.
Peer comparison
Dec 31, 2024