Topbuild Corp (BLD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 886,343 | 878,825 | 797,164 | 476,419 | 355,046 |
| Revenue | US$ in thousands | 5,331,020 | 5,121,100 | 4,950,980 | 3,442,500 | 2,686,160 |
| Operating profit margin | 16.63% | 17.16% | 16.10% | 13.84% | 13.22% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $886,343K ÷ $5,331,020K
= 16.63%
Topbuild Corp's operating profit margin has shown a positive trend over the past five years, increasing from 13.22% as of December 31, 2020, to 16.63% as of December 31, 2024. This indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in improved profitability. The steady growth in operating profit margin suggests efficient cost control measures and potentially higher pricing power. The peak margin of 17.16% as of December 31, 2023, indicates a particularly strong performance in that year. Overall, the increasing trend in operating profit margin reflects positively on Topbuild Corp's operational efficiency and financial performance over the period.