Xencor Inc (XNCR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -178,408 | -138,639 | -82,473 | 43,767 | -76,797 |
| Revenue | US$ in thousands | 110,493 | 168,338 | 164,579 | 275,111 | 122,694 |
| Operating profit margin | -161.47% | -82.36% | -50.11% | 15.91% | -62.59% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-178,408K ÷ $110,493K
= -161.47%
The operating profit margin of Xencor Inc has exhibited significant fluctuations over the past five years. In December 2020, the company reported a negative operating profit margin of -62.59%, indicating that its operating expenses exceeded its gross profit. The following year, there was a notable improvement as the operating profit margin increased to 15.91%, reflecting better cost management and efficiency in operations.
However, the positive trend did not sustain, as evidenced by the operating profit margin declining sharply to -50.11% in December 2022. This suggests that the company faced challenges in generating sufficient revenues to cover its operating costs. The situation worsened in December 2023 with an operating profit margin of -82.36%, indicating severe operational difficulties.
The most concerning development is in December 2024, where the operating profit margin plummeted to a staggering -161.47%. This implies that Xencor Inc experienced substantial losses from its core operations, highlighting potential issues with profitability and sustainability. Overall, the varying performance of the operating profit margin underscores the importance of closely monitoring and addressing factors affecting operational efficiency and financial health.
Peer comparison
Dec 31, 2024