TripAdvisor Inc (TRIP)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 126,000 | 82,000 | 88,000 | 107,000 | 101,000 | 85,000 | 31,000 | -67,000 | -131,000 | -195,000 | -257,000 | -386,000 | -329,000 | -214,000 | -100,000 | 130,000 | 188,000 | 188,000 | 209,000 | 192,000 |
| Revenue (ttm) | US$ in thousands | 1,744,000 | 1,712,000 | 1,638,000 | 1,561,000 | 1,451,000 | 1,337,000 | 1,180,000 | 998,000 | 860,000 | 731,000 | 578,000 | 402,000 | 566,000 | 797,000 | 1,086,000 | 1,459,000 | 1,557,000 | 1,568,000 | 1,599,000 | 1,611,000 |
| Operating profit margin | 7.22% | 4.79% | 5.37% | 6.85% | 6.96% | 6.36% | 2.63% | -6.71% | -15.23% | -26.68% | -44.46% | -96.02% | -58.13% | -26.85% | -9.21% | 8.91% | 12.07% | 11.99% | 13.07% | 11.92% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $126,000K ÷ $1,744,000K
= 7.22%
The operating profit margin of TripAdvisor Inc. has shown a fluctuating trend over the past eight quarters. In Q4 2023, the operating profit margin reached 8.17%, the highest level in the provided data. This indicates that the company was able to generate 8.17 cents of operating profit for every dollar of sales made during that quarter.
Prior to Q4 2023, the operating profit margins ranged from 2.29% to 6.64%, showing variability in the company's ability to control its operating expenses and generate profits from its core operations. It is worth noting that in Q2 2022 and Q1 2022, the operating profit margins were relatively low at 2.29% and -6.72% respectively, signaling challenges in profitability during those periods.
Overall, the improving trend in operating profit margins observed in the most recent quarters suggests that TripAdvisor Inc. has made some positive strides in managing its costs and enhancing operational efficiency. However, the company should continue to closely monitor and improve its operating profit margin to ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2023