AptarGroup Inc (ATR)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 496,497 | 404,019 | 379,273 | 347,348 | 339,498 |
Revenue | US$ in thousands | 3,582,890 | 3,487,450 | 3,322,250 | 3,227,220 | 2,929,340 |
Operating profit margin | 13.86% | 11.58% | 11.42% | 10.76% | 11.59% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $496,497K ÷ $3,582,890K
= 13.86%
AptarGroup Inc's operating profit margin has exhibited some fluctuation over the past five years. In 2020, the operating profit margin was 11.59%, which decreased slightly to 10.76% in 2021. However, there was a recovery in 2022, with the margin increasing to 11.42%. The trend continued to improve in 2023, reaching 11.58%. Notably, there was a significant jump in the operating profit margin in 2024, soaring to 13.86%.
Overall, AptarGroup Inc's operating profit margin has shown positive trends, with the company demonstrating improvements in profitability over the years, culminating in a notable increase in 2024. This upward trajectory reflects the company's efficiency in managing operating costs relative to its revenue, indicating a potentially stronger financial performance and operational effectiveness.
Peer comparison
Dec 31, 2024