Boise Cascad Llc (BCC)
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 | 624,386 | 658,986 | 772,723 | 879,823 | 1,157,849 | 1,229,454 | 1,059,470 | 1,172,170 | 971,803 | 843,522 | 872,708 | 514,703 | 334,989 | 260,689 | 147,017 | 140,347 | 136,500 | 27,400 | 13,000 | 42,000 |
| Revenue (ttm) | US$ in thousands | 6,812,980 | 6,797,160 | 7,116,260 | 7,578,370 | 8,360,740 | 8,514,380 | 8,240,730 | 8,406,320 | 7,901,650 | 7,597,790 | 7,293,450 | 6,093,030 | 5,440,690 | 5,070,190 | 4,771,050 | 4,764,580 | 4,643,400 | 4,607,500 | 4,676,500 | 4,854,500 |
| Operating profit margin | 9.16% | 9.70% | 10.86% | 11.61% | 13.85% | 14.44% | 12.86% | 13.94% | 12.30% | 11.10% | 11.97% | 8.45% | 6.16% | 5.14% | 3.08% | 2.95% | 2.94% | 0.59% | 0.28% | 0.87% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $624,386K ÷ $6,812,980K
= 9.16%
Boise Cascade Co's operating profit margin has shown a decreasing trend over the past year, from 13.78% in Q4 2022 to 9.10% in Q4 2023. This indicates a decline in the company's ability to generate profits from its core business operations relative to its revenue. The operating profit margin peaked at 14.38% in Q3 2022 but has since been on a downward trajectory.
The decreasing trend in operating profit margin could be attributed to various factors such as increasing operating expenses, lower sales volumes, or pricing pressures in the industry. Management should closely monitor and analyze the drivers behind this trend to identify areas for improvement and implement strategies to enhance operational efficiency and profitability.
Peer comparison
Dec 31, 2023