Api Group Corp (APG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 484,000 | 359,000 | 162,000 | 136,000 | 31,000 |
| Revenue | US$ in thousands | 7,018,000 | 6,928,000 | 6,558,000 | 3,940,000 | 3,587,000 |
| Operating profit margin | 6.90% | 5.18% | 2.47% | 3.45% | 0.86% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $484,000K ÷ $7,018,000K
= 6.90%
The operating profit margin of Api Group Corp has exhibited notable fluctuations across the analyzed period from December 31, 2020, to December 31, 2024. At the end of 2020, the margin was relatively low at 0.86%, indicating limited operating profitability in that year. This margin increased significantly in 2021, reaching 3.45%, suggesting improved operational efficiency or higher profitability from core activities.
However, in 2022, the operating profit margin declined to 2.47%, reflecting a contraction in operational profitability compared to the previous year. Despite this decrease, the margin rebounded strongly in 2023, rising to 5.18%, which signifies a substantial recovery or enhancement in operating performance. The most recent data from the end of 2024 shows the margin further increased to 6.90%, representing a continued upward trend and demonstrating ongoing improvements in the company's operational efficiency and profitability.
Overall, the trajectory of Api Group Corp's operating profit margin over this period indicates a pattern of initial growth, a brief decline, and subsequent consistent improvement, culminating in a significantly higher margin in 2024 compared to the start of the analysis. This trend suggests that the company's operational management has been effective in enhancing profitability, especially in the latter part of the observed timeframe.
Peer comparison
Dec 31, 2024