TransMedics Group Inc (TMDX)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 37,496 | 31,455 | -803 | -14,217 | -28,727 | -38,109 | -15,318 | -24,157 | -31,437 | -35,986 | -42,167 | -42,290 | -39,428 | -33,996 | -26,881 | -24,874 | -26,384 | -29,182 | -31,814 | -31,658 |
| Revenue (ttm) | US$ in thousands | 441,540 | 401,090 | 358,759 | 296,919 | 241,623 | 191,824 | 151,077 | 119,133 | 93,459 | 71,752 | 51,439 | 39,089 | 30,262 | 28,221 | 29,942 | 25,162 | 25,639 | 24,069 | 24,183 | 26,458 |
| Operating profit margin | 8.49% | 7.84% | -0.22% | -4.79% | -11.89% | -19.87% | -10.14% | -20.28% | -33.64% | -50.15% | -81.97% | -108.19% | -130.29% | -120.46% | -89.78% | -98.86% | -102.91% | -121.24% | -131.56% | -119.65% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $37,496K ÷ $441,540K
= 8.49%
TransMedics Group Inc's operating profit margin experienced a prolonged period of negative margins from March 2020 to June 2022, indicating that the company was incurring operating losses during this time. However, there was a notable turnaround starting from September 2022, with the operating profit margin shifting to positive territory. This improvement continued into 2024, with the operating profit margin showing consistent growth, reaching 8.49% by December 31, 2024. This positive trend suggests that TransMedics Group Inc was able to enhance its operational efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024