Autoliv Inc (ALV)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 690,000 | 659,000 | 675,000 | 382,000 | 726,000 |
| Revenue | US$ in thousands | 10,353,000 | 8,838,000 | 8,201,000 | 7,352,100 | 8,465,200 |
| Operating profit margin | 6.66% | 7.46% | 8.23% | 5.20% | 8.58% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $690,000K ÷ $10,353,000K
= 6.66%
Autoliv Inc.'s operating profit margin has shown variability over the past five years. The company's operating profit margin for the years ending December 31, 2023, and 2021, stood at 8.55% and 8.24%, respectively, demonstrating a relatively stable performance in generating profits from its core operations. However, there was a notable improvement from the preceding years, with a margin of 6.40% in 2022 and 6.34% in 2020. The highest operating profit margin was recorded in 2019 at 8.99%, indicating strong operational efficiency and profitability. Overall, Autoliv Inc. has exhibited fluctuations in its operating profit margin, reflecting changes in its cost structure, pricing strategies, and operating efficiency over the period analyzed.
Peer comparison
Dec 31, 2023