Tandem Diabetes Care Inc (TNDM)
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 | -99,127 | -133,605 | -139,057 | -147,091 | -151,883 | -134,577 | -150,525 | -123,956 | -92,824 | -63,458 | -8,245 | 9,426 | 21,527 | 28,577 | 19,848 | 2,379 | -7,957 | -24,475 | -29,470 | -19,298 |
| Revenue (ttm) | US$ in thousands | 1,059,521 | 973,669 | 796,002 | 770,009 | 747,718 | 771,424 | 790,349 | 794,694 | 801,218 | 790,712 | 765,792 | 737,669 | 702,799 | 660,868 | 604,844 | 541,941 | 498,830 | 439,163 | 410,217 | 394,236 |
| Operating profit margin | -9.36% | -13.72% | -17.47% | -19.10% | -20.31% | -17.45% | -19.05% | -15.60% | -11.59% | -8.03% | -1.08% | 1.28% | 3.06% | 4.32% | 3.28% | 0.44% | -1.60% | -5.57% | -7.18% | -4.90% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-99,127K ÷ $1,059,521K
= -9.36%
The operating profit margin of Tandem Diabetes Care Inc has shown fluctuating trends over the years. Starting from negative margins in the range of -4.90% to -7.18% in early 2020, the company gradually improved its performance by achieving positive margins in March 2021. The positive trend continued through June and September 2021, reaching 4.32%. However, there was a slight decrease in the operating profit margin to 3.06% by the end of 2021.
In the following year, the operating profit margin fluctuated again, ranging from 1.28% to -1.08% in the first half of 2022. The margins took a significant downturn in the latter half of 2022 and continued to decline into 2023 and 2024, with margins as low as -20.31% by the end of December 2023.
The downward trend continued through 2024, with the operating profit margin ranging from -19.10% to -9.36% by the end of the year. Overall, the operating profit margin of Tandem Diabetes Care Inc has witnessed instability and a general downward trajectory in recent years, indicating potential challenges in managing operating expenses and generating profits relative to its revenue.
Peer comparison
Dec 31, 2024