Clear Secure Inc (YOU)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 123,191 | 20,138 | -129,064 | -114,933 | -18,929 |
| Revenue | US$ in thousands | 770,488 | 613,579 | 437,434 | 253,953 | 230,796 |
| Operating profit margin | 15.99% | 3.28% | -29.50% | -45.26% | -8.20% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $123,191K ÷ $770,488K
= 15.99%
Clear Secure Inc's operating profit margin has shown significant fluctuations over the past few years. Starting at a negative margin of -8.20% in December 2020, the company experienced a substantial decline by December 2021, with the operating profit margin plummeting to -45.26%. Despite this downturn, there was a partial recovery by December 2022, when the margin improved to -29.50%.
The company's performance took a positive turn in December 2023, as the operating profit margin turned positive at 3.28%. This indicates that Clear Secure Inc was able to generate profit from its operations, with revenues exceeding operating expenses. By December 2024, the trend continued to be favorable, with the operating profit margin further increasing to 15.99%.
Overall, Clear Secure Inc's operating profit margin has shown resilience and improvement in recent years, bouncing back from negative territory to achieve positive margins. This positive trend suggests that the company may have implemented strategic measures to enhance operational efficiency and profitability.
Peer comparison
Dec 31, 2024