AdvanSix Inc (ASIX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 58,913 | 69,550 | 228,572 | 190,139 | 62,825 |
| Revenue | US$ in thousands | 1,517,560 | 1,533,600 | 1,945,640 | 1,684,620 | 1,157,920 |
| Operating profit margin | 3.88% | 4.54% | 11.75% | 11.29% | 5.43% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $58,913K ÷ $1,517,560K
= 3.88%
The operating profit margin of AdvanSix Inc has seen fluctuations over the past five years. It increased from 5.43% on December 31, 2020, to 11.29% on December 31, 2021, and further to 11.75% on December 31, 2022, showing a positive trend. However, the margin dropped to 4.54% on December 31, 2023, and then to 3.88% on December 31, 2024, indicating a decline in profitability in the most recent years. This decreasing trend in the operating profit margin may suggest challenges in managing costs or generating revenue efficiently. Further analysis of the company's financial performance and operational strategies is necessary to understand the reasons behind these fluctuations and to identify potential areas for improvement.
Peer comparison
Dec 31, 2024