Smith AO Corporation (AOS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 707,700 | 745,500 | 362,000 | 682,000 | 503,200 |
| Revenue | US$ in thousands | 3,818,100 | 3,840,800 | 3,744,500 | 3,534,600 | 2,888,000 |
| Operating profit margin | 18.54% | 19.41% | 9.67% | 19.29% | 17.42% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $707,700K ÷ $3,818,100K
= 18.54%
Smith AO Corporation's operating profit margin has shown fluctuations over the past five years. Starting at 17.42% on December 31, 2020, the margin increased to 19.29% by December 31, 2021, indicating improved profitability. However, there was a significant drop to 9.67% by December 31, 2022, which may raise concerns about the company's operational efficiency during that period.
Subsequently, the operating profit margin recovered to 19.41% by December 31, 2023, showing a positive trend in profitability. In the most recent period, as of December 31, 2024, the margin stood at 18.54%, remaining relatively stable compared to the previous year.
Overall, while the company has experienced fluctuations in its operating profit margin, it is essential for stakeholders to further investigate the factors contributing to these variations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024