Talos Energy (TALO)

Operating profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	209,790	253,672	290,889	526,451	736,119	781,801	710,152	527,509	374,616	-35,126	-164,524	-352,471	-421,310	-88,904	1,038	190,513	213,094	240,097	278,575	222,914
Revenue (ttm)	US$ in thousands	1,457,886	1,415,128	1,409,121	1,560,996	1,651,980	1,692,734	1,606,515	1,391,198	1,244,540	1,037,296	881,524	666,630	587,486	645,015	738,735	936,671	927,620	953,044	1,007,055	924,151
Operating profit margin		14.39%	17.93%	20.64%	33.73%	44.56%	46.19%	44.20%	37.92%	30.10%	-3.39%	-18.66%	-52.87%	-71.71%	-13.78%	0.14%	20.34%	22.97%	25.19%	27.66%	24.12%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $209,790K ÷ $1,457,886K
= 14.39%

From the data provided, Talos Energy Inc's operating profit margin has exhibited fluctuating trends over the past eight quarters. The operating profit margin decreased from 44.56% in Q4 2022 to 14.17% in Q4 2023, indicating a significant decline in profitability within the year. This downward trend continues through the subsequent quarters, with margins further decreasing to 17.93% in Q3 2023 and 20.64% in Q2 2023.

However, there was a considerable improvement in Q1 2023, where the operating profit margin rose to 33.73%, showcasing a noteworthy recovery in profitability. The firm's performance peaked in Q4 2022 with an operating profit margin of 44.56%, signifying the highest level of profitability during the analyzed period.

The trend indicates that Talos Energy Inc experienced fluctuations in its operating profit margin over the past eight quarters, with significant variability in profitability levels. Further analysis of the company's financial and operational strategies may be necessary to understand the factors driving these fluctuations and to assess the sustainability of its profitability in the future.