Operating Profit Margin
since 2005
Calculation
Illumina Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Income (loss) from operations1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 17.91% | = | 100 | × | 580) | ÷ | 3,239) |
| Dec 29, 2019 | 27.80% | = | 100 | × | 985) | ÷ | 3,543) |
| Dec 30, 2018 | 26.49% | = | 100 | × | 883) | ÷ | 3,333) |
| Dec 31, 2017 | 22.02% | = | 100 | × | 606) | ÷ | 2,752) |
| Jan 1, 2017 | 24.48% | = | 100 | × | 587) | ÷ | 2,398) |
| Jan 3, 2016 | 27.61% | = | 100 | × | 613) | ÷ | 2,220) |
| Dec 28, 2014 | 27.65% | = | 100 | × | 515) | ÷ | 1,861) |
| Dec 29, 2013 | 9.44% | = | 100 | × | 134) | ÷ | 1,421) |
| Dec 30, 2012 | 17.48% | = | 100 | × | 201) | ÷ | 1,149) |
| Jan 1, 2012 | 18.90% | = | 100 | × | 199) | ÷ | 1,056) |
| Jan 2, 2011 | 23.45% | = | 100 | × | 212) | ÷ | 903) |
| Jan 3, 2010 | 18.85% | = | 100 | × | 126) | ÷ | 666) |
| Dec 28, 2008 | 14.04% | = | 100 | × | 80) | ÷ | 573) |
| Dec 30, 2007 | -82.12% | = | 100 | × | (301) | ÷ | 367) |
| Dec 31, 2006 | 20.48% | = | 100 | × | 38) | ÷ | 185) |
| Jan 1, 2006 | -29.18% | = | 100 | × | (21) | ÷ | 74) |
Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2017-01-01), 10-K (reporting date: 2016-01-03), 10-K (reporting date: 2014-12-28), 10-K (reporting date: 2013-12-29), 10-K (reporting date: 2012-12-30), 10-K (reporting date: 2012-01-01), 10-K (reporting date: 2011-01-02), 10-K (reporting date: 2010-01-03), 10-K (reporting date: 2008-12-28), 10-K (reporting date: 2007-12-30), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2006-01-01).
1 US$ in millions
The operational performance between 2006 and 2020 is characterized by an initial period of extreme volatility followed by a prolonged phase of scaling and margin stabilization. Revenue expanded consistently over the majority of the period, while operating profit margins transitioned from significant losses to a sustained level of profitability before experiencing a contraction in 2020.
- Revenue Trajectory and Scalability
- Revenue grew from 74 million USD in 2006 to a peak of 3,543 million USD in 2019. This represents an aggressive expansion of the business scale, with the most consistent growth occurring between 2010 and 2019.
- Early Period Volatility
- Between 2006 and 2008, operating profit margins exhibited severe instability, ranging from a high of 20.48% to a low of -82.12%. The significant operating loss of 301 million USD in 2007 indicates a period of high expenditure or operational restructuring relative to the revenue generated at that time.
- Margin Stabilization and Optimization
- From 2010 through 2019, a trend of operational maturity is observed. Operating margins remained positive, with a notable period of optimization between 2014 and 2019 where margins consistently remained above 22%. Efficiency peaked in 2019 with an operating profit margin of 27.80% and an operating income of 985 million USD.
- Recent Operational Contraction
- The 2020 fiscal period marked a reversal in growth trends. Revenue decreased to 3,239 million USD, and operating income dropped to 580 million USD. Consequently, the operating profit margin contracted to 17.91%, the lowest level recorded since 2013.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
How can I help you?
Comparison to Competitors
Illumina Inc., operating profit margin, long-term trends, comparison to competitors
| Illumina Inc. | AbbVie Inc. | Amgen Inc. | Danaher Corp. | Gilead Sciences Inc. | Regeneron Pharmaceuticals Inc. | Thermo Fisher Scientific Inc. | Vertex Pharmaceuticals Inc. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 17.91% | 24.81% | 37.70% | 18.99% | 16.72% | 42.09% | 24.19% | 46.03% |
| Dec 29, 2019 | 27.80% | 39.03% | 43.57% | 18.25% | 19.38% | 28.10% | 17.99% | 28.77% |
| Dec 30, 2018 | 26.49% | 19.49% | 45.55% | 17.11% | 37.83% | 37.77% | 15.53% | 20.84% |
| Dec 31, 2017 | 22.02% | 33.99% | 45.76% | 16.48% | 55.04% | 35.41% | 14.19% | 4.95% |
| Jan 1, 2017 | 24.48% | 36.60% | 44.74% | 16.29% | 58.87% | 27.38% | 13.40% | 0.58% |
| Jan 3, 2016 | 27.61% | 32.97% | 40.44% | 16.87% | 69.03% | 30.51% | 13.77% | -45.23% |
| Dec 28, 2014 | 27.65% | 17.09% | 32.03% | 17.23% | 62.37% | 29.74% | 14.82% | -119.30% |
| Dec 29, 2013 | 9.44% | 30.14% | 32.25% | 17.13% | 41.87% | 36.11% | 12.30% | -74.54% |
| Dec 30, 2012 | 17.48% | 31.65% | 33.52% | 17.33% | 42.67% | 33.20% | 11.85% | 0.15% |
| Jan 1, 2012 | 18.90% | — | 28.19% | 16.27% | 46.77% | -46.02% | 10.62% | 8.07% |
| Jan 2, 2011 | 23.45% | — | 37.82% | 16.41% | 53.62% | -21.23% | 11.72% | -485.51% |
| Jan 3, 2010 | 18.85% | — | 38.37% | 13.79% | 54.55% | -19.54% | 10.38% | -602.63% |
| Dec 28, 2008 | 14.04% | — | 35.50% | 14.72% | 52.68% | -37.67% | 11.71% | -263.65% |
| Dec 30, 2007 | -82.12% | — | 27.81% | 15.79% | 57.98% | -91.55% | 10.00% | -210.94% |
| Dec 31, 2006 | 20.48% | — | 27.71% | 15.82% | -29.32% | -169.68% | 6.38% | -105.86% |
| Jan 1, 2006 | -29.18% | — | 40.33% | 15.84% | 61.41% | -187.97% | 10.01% | -93.15% |
Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2017-01-01), 10-K (reporting date: 2016-01-03), 10-K (reporting date: 2014-12-28), 10-K (reporting date: 2013-12-29), 10-K (reporting date: 2012-12-30), 10-K (reporting date: 2012-01-01), 10-K (reporting date: 2011-01-02), 10-K (reporting date: 2010-01-03), 10-K (reporting date: 2008-12-28), 10-K (reporting date: 2007-12-30), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2006-01-01).