Amphenol Corporation (APH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,559,600 | 2,585,800 | 2,105,100 | 1,638,400 | 1,619,200 |
| Revenue | US$ in thousands | 12,554,700 | 12,623,000 | 10,876,300 | 8,598,900 | 8,225,400 |
| Operating profit margin | 20.39% | 20.48% | 19.35% | 19.05% | 19.69% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,559,600K ÷ $12,554,700K
= 20.39%
Amphenol Corp.'s operating profit margin has shown a consistent upward trend over the past five years, with a slight increase from 19.99% in 2019 to 20.66% in 2023. This upward trajectory indicates the company's ability to effectively manage its operating expenses relative to its revenue, resulting in improved profitability. The company has maintained a healthy operating profit margin above the 20% mark since 2021, reflecting strong operational efficiency and cost control measures. Overall, Amphenol Corp.'s operating profit margin demonstrates a positive performance and effective management of its operating activities.