T-Mobile US Inc (TMUS)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 14,266,000 | 6,543,000 | 6,892,000 | 6,636,000 | 5,722,000 |
| Revenue | US$ in thousands | 77,477,000 | 78,416,000 | 75,841,000 | 64,173,000 | 42,982,000 |
| Operating profit margin | 18.41% | 8.34% | 9.09% | 10.34% | 13.31% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $14,266,000K ÷ $77,477,000K
= 18.41%
The operating profit margin of T-Mobile US Inc has shown a positive trend over the past five years, increasing from 12.72% in 2019 to 18.13% in 2023. This indicates the company's ability to generate profits from its core business operations. The significant improvement in operating profit margin from 2022 to 2023 suggests effective cost management or revenue growth strategies implemented by the company. However, it is important to note the slight decrease in the margin in 2022 compared to 2021, which may require further analysis to understand the underlying reasons. Overall, the consistent improvement in operating profit margin reflects positively on T-Mobile US Inc's operational efficiency and profitability.