USANA Health Sciences Inc (USNA)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 93,071 | 107,614 | 170,192 | 176,491 | 146,190 |
| Revenue | US$ in thousands | 923,915 | 1,001,720 | 1,190,170 | 1,137,750 | 1,060,900 |
| Operating profit margin | 10.07% | 10.74% | 14.30% | 15.51% | 13.78% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $93,071K ÷ $923,915K
= 10.07%
USANA Health Sciences Inc's operating profit margin has exhibited a slight decline over the past five years. The margin stood at 10.07% as of December 31, 2023, down from 10.74% in 2022 and 14.30% in 2021. This trend suggests a potential decrease in the company's efficiency in generating profits from its core operations. Further analysis of the factors influencing this trend, such as changes in revenue, costs, or operating expenses, would be necessary to determine the root causes of the declining operating profit margin.