AptarGroup Inc (ATR)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 404,019 | 405,028 | 380,891 | 365,505 | 379,273 | 381,494 | 369,232 | 352,464 | 347,348 | 341,440 | 357,554 | 343,629 | 339,498 | 332,465 | 323,673 | 363,059 | 371,693 | 353,465 | 324,333 | 295,407 |
| Revenue (ttm) | US$ in thousands | 3,487,450 | 3,444,884 | 3,388,747 | 3,337,384 | 3,322,249 | 3,340,328 | 3,328,910 | 3,295,399 | 3,227,221 | 3,162,557 | 3,096,268 | 2,984,541 | 2,929,340 | 2,851,344 | 2,793,469 | 2,836,825 | 2,859,732 | 2,873,427 | 2,837,924 | 2,805,871 |
| Operating profit margin | 11.58% | 11.76% | 11.24% | 10.95% | 11.42% | 11.42% | 11.09% | 10.70% | 10.76% | 10.80% | 11.55% | 11.51% | 11.59% | 11.66% | 11.59% | 12.80% | 13.00% | 12.30% | 11.43% | 10.53% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $404,019K ÷ $3,487,450K
= 11.58%
Aptargroup Inc.'s operating profit margin has shown relatively stable performance over the past eight quarters. The operating profit margin ranged from 11.30% in Q1 2022 to 12.88% in Q4 2023, with slight fluctuations quarter to quarter. This indicates that the company has been able to maintain a consistent level of profitability relative to its revenue during this period. However, it is worth noting that the margins have generally been above 11%, reflecting the company's ability to effectively control its operating expenses and generate profits from its core business activities. Overall, based on the trend in operating profit margins, Aptargroup Inc. appears to have maintained a healthy level of operational efficiency and profitability.
Peer comparison
Dec 31, 2023