Allegheny Technologies Incorporated (ATI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 608,900 | 466,400 | 287,300 | 161,700 | 28,500 |
| Revenue | US$ in thousands | 4,362,100 | 7,544,800 | 3,836,000 | 2,799,800 | 2,982,100 |
| Operating profit margin | 13.96% | 6.18% | 7.49% | 5.78% | 0.96% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $608,900K ÷ $4,362,100K
= 13.96%
Based on the data provided, Allegheny Technologies Incorporated has shown a fluctuating trend in its operating profit margin over the years. As of December 31, 2020, the operating profit margin was relatively low at 0.96%, indicating that the company's profitability from its core operations was minimal.
However, there was a notable improvement in the operating profit margin by December 31, 2021, where it increased to 5.78%. This suggests that Allegheny Technologies Incorporated managed to enhance its operational efficiency and generate higher profits relative to its operating costs during that period.
By December 31, 2022, the operating profit margin further improved to 7.49%, indicating sustained growth and profitability in the company's core business activities. This could be attributed to factors such as cost management, increased sales, or improved pricing strategies.
Although there was a slight decrease in the operating profit margin to 6.18% by December 31, 2023, the company remained profitable in its operations, albeit at a slightly lower rate compared to the previous year.
The most significant improvement in the operating profit margin was observed by December 31, 2024, reaching 13.96%. This substantial increase suggests that Allegheny Technologies Incorporated experienced a notable boost in profitability from its operating activities, potentially driven by strategic decisions, increased revenue, or enhanced operational efficiencies.
Overall, the trend in Allegheny Technologies Incorporated's operating profit margin indicates both fluctuations and improvements over the years, showcasing the company's ability to adapt to changing market conditions and drive profitability through its core business operations.