The Andersons Inc (ANDE)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 70,014 | -1,639 | 12,792 | 19,864 | 90,518 | 3,882,482 | 3,837,916 | 3,778,902 | 3,783,354 | 2,508,954 | 2,504,610 | 2,457,772 | 2,423,316 | 48,375 | 78,382 | 147,262 | 185,507 | 146,110 | 131,965 | 108,776 |
| Revenue (ttm) | US$ in thousands | 14,750,110 | 16,214,600 | 16,798,230 | 17,228,670 | 17,325,380 | 16,430,590 | 15,210,090 | 13,995,270 | 12,612,040 | 11,337,640 | 10,224,410 | 8,843,350 | 8,064,620 | 7,441,920 | 7,539,090 | 8,009,390 | 8,170,190 | 7,097,252 | 5,800,071 | 4,386,433 |
| Operating profit margin | 0.47% | -0.01% | 0.08% | 0.12% | 0.52% | 23.63% | 25.23% | 27.00% | 30.00% | 22.13% | 24.50% | 27.79% | 30.05% | 0.65% | 1.04% | 1.84% | 2.27% | 2.06% | 2.28% | 2.48% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $70,014K ÷ $14,750,110K
= 0.47%
Based on the data provided, the operating profit margin of Andersons Inc. has shown fluctuations over the past eight quarters. In Q4 2023, the operating profit margin was 1.71%, which represents an improvement compared to the previous quarter. However, Q4 2023 also stands out as the highest operating profit margin recorded in the provided data series. On the other hand, Q2 2022 had the lowest operating profit margin at 1.17%.
Overall, the operating profit margin of Andersons Inc. has generally ranged between 1.17% and 1.71% over the past two years. This indicates that the company has been able to maintain a relatively stable level of profitability in relation to its revenue generation during this period. Further analysis may be needed to understand the factors contributing to the fluctuations in the operating profit margin and to assess the effectiveness of the company's cost management and pricing strategies.
Peer comparison
Dec 31, 2023