USANA Health Sciences Inc (USNA)
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 | 93,071 | 91,403 | 96,426 | 101,392 | 107,614 | 116,568 | 134,708 | 159,062 | 170,192 | 191,225 | 195,810 | 181,676 | 176,491 | 168,524 | 158,627 | 150,198 | 146,190 | 150,187 | 160,243 | 180,228 |
| Revenue (ttm) | US$ in thousands | 923,232 | 929,999 | 950,124 | 976,483 | 1,001,860 | 1,041,382 | 1,082,496 | 1,155,009 | 1,190,168 | 1,235,586 | 1,258,823 | 1,180,028 | 1,137,751 | 1,095,421 | 1,057,506 | 1,054,531 | 1,060,902 | 1,088,627 | 1,124,796 | 1,170,240 |
| Operating profit margin | 10.08% | 9.83% | 10.15% | 10.38% | 10.74% | 11.19% | 12.44% | 13.77% | 14.30% | 15.48% | 15.56% | 15.40% | 15.51% | 15.38% | 15.00% | 14.24% | 13.78% | 13.80% | 14.25% | 15.40% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $93,071K ÷ $923,232K
= 10.08%
USANA Health Sciences Inc's operating profit margin has exhibited some fluctuations over the past few quarters. The operating profit margin, which indicates the company's efficiency in controlling operating costs relative to revenue, decreased from 10.74% in Q4 2022 to 9.83% in Q1 2023, indicating a slight decrease in profitability.
However, there was a subsequent recovery as the operating profit margin increased to 10.15% in Q2 2023 and further improved to 10.38% in Q3 2023. This upward trend suggests that the company may have implemented cost-saving measures or generated higher revenue during these periods.
Comparing the latest operating profit margin of 10.08% in Q4 2023 with historical data, we observe a gradual decline in profitability since Q2 2022, where the operating profit margin peaked at 12.44%. This downward trend may indicate increasing operating costs or a slowdown in revenue growth relative to costs.
Overall, USANA Health Sciences Inc's operating profit margin has shown some variability in recent quarters, and stakeholders may want to closely monitor the company's operational efficiency and revenue generation efforts to ensure sustainable profitability in the future.