AAON Inc (AAON)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 209,118 | 227,494 | 126,761 | 69,253 | 101,836 |
| Revenue | US$ in thousands | 1,200,640 | 1,168,520 | 888,788 | 534,517 | 514,551 |
| Operating profit margin | 17.42% | 19.47% | 14.26% | 12.96% | 19.79% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $209,118K ÷ $1,200,640K
= 17.42%
The operating profit margin of AAON Inc has displayed fluctuations over the past five years, ranging from 12.96% to 19.79%. In 2020, the company recorded an operating profit margin of 19.79%, indicating that for every dollar of sales, the company generated approximately $0.1979 in operating profit. However, this metric decreased to 12.96% in 2021 before showing a gradual recovery to 14.26% in 2022, 19.47% in 2023, and 17.42% in 2024.
The varying trends in the operating profit margin suggest changes in the company's operational efficiency and cost management practices over the years. While the decline in 2021 might raise concerns, the subsequent recovery and improvement in the following years indicate potential efforts to enhance profitability and optimize operating expenses. Overall, maintaining a healthy operating profit margin is essential for sustainable growth and financial performance in the long run.
Peer comparison
Dec 31, 2024