Air Products and Chemicals Inc (APD)
Operating profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,466,100 | 2,780,300 | 2,686,900 | 2,509,500 | 2,494,600 | 2,382,500 | 2,365,700 | 2,467,800 | 2,338,800 | 2,329,000 | 2,278,700 | 2,265,300 | 2,281,400 | 2,224,900 | 2,187,000 | 2,215,700 | 2,237,600 | 2,280,600 | 2,311,100 | 2,250,400 |
| Revenue (ttm) | US$ in thousands | 12,100,600 | 12,104,400 | 12,152,800 | 12,422,700 | 12,600,000 | 12,978,700 | 13,134,100 | 12,879,100 | 12,698,600 | 11,969,700 | 11,385,100 | 10,942,000 | 10,323,000 | 9,802,000 | 9,262,500 | 8,976,800 | 8,856,300 | 8,819,400 | 8,978,200 | 8,949,600 |
| Operating profit margin | 36.91% | 22.97% | 22.11% | 20.20% | 19.80% | 18.36% | 18.01% | 19.16% | 18.42% | 19.46% | 20.01% | 20.70% | 22.10% | 22.70% | 23.61% | 24.68% | 25.27% | 25.86% | 25.74% | 25.15% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,466,100K ÷ $12,100,600K
= 36.91%
Air Products and Chemicals Inc has shown a fluctuating trend in its operating profit margin over the past few years. The operating profit margin represents the efficiency of the company in generating profits from its core operations.
From December 2019 to September 2020, the operating profit margin steadily increased from 24.68% to 25.86%, reflecting improved operational efficiency. Subsequently, there was a slight decline in the operating profit margin until March 2021, where it reached its lowest point at 23.61%.
From March 2021 to September 2022, the operating profit margin showed an upward trend, reaching its peak at 25.74%, indicating better profitability. However, there was a slight dip in the margin in the subsequent periods.
The most recent data for September 2024 shows a significant increase in the operating profit margin to 36.91%. This substantial rise could indicate improved cost management, higher sales, or other factors contributing to enhanced profitability in the current period.
Overall, while the operating profit margin has fluctuated over the analyzed period, the recent improvement suggests positive developments in Air Products and Chemicals Inc's operations impacting its profitability.
Peer comparison
Sep 30, 2024
See also:
Air Products and Chemicals Inc Operating Profit Margin (Quarterly Data)