TripAdvisor Inc (TRIP)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 126,000 | 101,000 | -131,000 | -329,000 | 187,000 |
| Revenue | US$ in thousands | 1,744,000 | 1,452,000 | 858,000 | 568,000 | 1,554,000 |
| Operating profit margin | 7.22% | 6.96% | -15.27% | -57.92% | 12.03% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $126,000K ÷ $1,744,000K
= 7.22%
The operating profit margin for TripAdvisor Inc. has shown fluctuations over the past five years. In 2023, the operating profit margin increased to 8.17%, representing a positive trend compared to 2022 when it was 6.64%. The company experienced significant negative operating profit margins in 2021 and 2020, with -14.86% and -47.68%, respectively, indicating operational challenges during those years. However, in 2019, TripAdvisor Inc. had a healthy operating profit margin of 11.92%.
Overall, the improvement in the operating profit margin from 2022 to 2023 suggests a positive direction for the company's profitability. It is essential for TripAdvisor Inc. to continue monitoring and managing its operating expenses effectively to sustain and improve its operating profit margin in the future.
Peer comparison
Dec 31, 2023