Alamo Group Inc (ALG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 164,808 | 197,967 | 148,592 | 116,938 | 93,165 |
| Revenue | US$ in thousands | 1,628,510 | 1,689,650 | 1,513,620 | 1,334,220 | 1,163,470 |
| Operating profit margin | 10.12% | 11.72% | 9.82% | 8.76% | 8.01% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $164,808K ÷ $1,628,510K
= 10.12%
Alamo Group Inc's operating profit margin has shown a positive trend over the analyzed period. Starting at 8.01% at the end of December 2020, the margin increased gradually to reach 8.76% by December 2021. A notable improvement was observed in 2022, with the margin substantially rising to 9.82%. In the following year, the operating profit margin continued to strengthen, reaching 11.72%, which reflects a significant increase in profitability. However, there was a slight decrease in 2024, with the margin settling at 10.12%. Overall, the trend indicates a generally positive performance in managing operating costs and generating profits for Alamo Group Inc.
Peer comparison
Dec 31, 2024