Tandem Diabetes Care Inc (TNDM)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -99,127 | -233,230 | -61,809 | 8,808 | -7,957 |
| Revenue | US$ in thousands | 940,203 | 747,718 | 801,217 | 702,799 | 498,830 |
| Operating profit margin | -10.54% | -31.19% | -7.71% | 1.25% | -1.60% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-99,127K ÷ $940,203K
= -10.54%
The operating profit margin of Tandem Diabetes Care Inc has shown fluctuations over the past five years, based on the provided data. In December 2020, the operating profit margin was at -1.60%, indicating that the company's operating expenses exceeded its operating income, resulting in a negative margin. By the end of December 2021, there was an improvement as the operating profit margin rose to 1.25%, suggesting a slight increase in profitability.
However, the trend reversed in December 2022 with a significant decline in the operating profit margin to -7.71%, indicating a decrease in operating income relative to revenue. This downward trend continued in December 2023 and December 2024, with the operating profit margin dropping to -31.19% and -10.54%, respectively. These figures suggest that Tandem Diabetes Care Inc faced challenges in controlling its operating expenses compared to its operating income during these years.
Overall, the analysis of the operating profit margin indicates that the company experienced variability in its operational efficiency and profitability over the five-year period, with significant declines in recent years.
Peer comparison
Dec 31, 2024