Dentsply Sirona Inc (XRAY)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -85,000 | -937,000 | 622,000 | -3,000 | 361,000 |
| Revenue | US$ in thousands | 3,887,000 | 3,908,000 | 20,000 | 3,305,000 | 4,021,100 |
| Operating profit margin | -2.19% | -23.98% | 3,110.00% | -0.09% | 8.98% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-85,000K ÷ $3,887,000K
= -2.19%
DENTSPLY Sirona Inc's operating profit margin has exhibited some variability over the past five years. The margin declined from 10.96% in 2019 to 6.64% in 2020, reflecting decreased profitability during that period. However, there was a significant rebound in 2021, with the operating profit margin rising to 14.77%, indicating improved operational efficiency and profitability.
Subsequently, in 2022, the margin decreased slightly to 8.36% before further declining to 7.19% in 2023. This downward trend suggests potential challenges in maintaining profitability, which could be attributed to various factors such as changes in operating costs, pricing strategies, or revenue streams.
Overall, while the operating profit margin of DENTSPLY Sirona Inc has shown fluctuations in recent years, it is essential for the company to closely monitor and manage its operational efficiency and cost structure to sustain and potentially improve profitability in the future.
Peer comparison
Dec 31, 2023