Armstrong World Industries Inc (AWI)

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	323,700	328,000	301,100	285,700	278,700	263,600	262,400	269,100	260,000	248,600	248,800	232,900	254,800	272,900	313,900	338,700	317,400	307,700	275,700	254,500
Revenue (ttm)	US$ in thousands	1,247,800	1,275,800	1,255,300	1,254,300	1,230,300	1,201,100	1,169,200	1,128,400	1,097,100	1,040,000	994,100	917,000	912,800	958,000	983,200	1,048,400	1,038,100	987,800	973,000	949,300
Operating profit margin		25.94%	25.71%	23.99%	22.78%	22.65%	21.95%	22.44%	23.85%	23.70%	23.90%	25.03%	25.40%	27.91%	28.49%	31.93%	32.31%	30.58%	31.15%	28.34%	26.81%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $323,700K ÷ $1,247,800K
= 25.94%

To analyze Armstrong World Industries Inc.'s operating profit margin over the past eight quarters, we observe a fluctuating trend. The company's operating profit margin ranged between 15.84% and 18.70% during this period. Notably, in the most recent quarter, Q4 2023, the operating profit margin was 18.11%, showing a slight decrease from the previous quarter's 18.70%.

Overall, the operating profit margin has generally been on an upward trajectory since Q1 2022, indicating an improvement in profitability efficiency. However, it is essential for the company to monitor this metric closely to ensure sustained profitability and operational effectiveness in the future.