Builders FirstSource Inc (BLDR)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	2,176,320	3,770,210	2,387,420	543,854	392,306
Revenue	US$ in thousands	17,096,400	22,698,900	19,890,500	8,550,750	7,271,130
Operating profit margin		12.73%	16.61%	12.00%	6.36%	5.40%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,176,320K ÷ $17,096,400K
= 12.73%

Builders Firstsource Inc's operating profit margin has shown fluctuations over the past five years. The company's operating profit margin decreased from 5.39% in 2019 to 6.35% in 2020, reflecting a modest improvement. However, there was a significant increase in operating profit margin to 12.00% in 2021, followed by a further rise to 16.59% in 2022. This indicates a substantial improvement in the company's ability to generate profits from its operations during those years.

In 2023, the operating profit margin decreased to 12.73%, indicating a slight decline compared to the previous year. Despite this decrease, the operating profit margin remains at a relatively healthy level compared to the earlier years in the period analyzed.

Overall, the trend in Builders Firstsource Inc's operating profit margin shows variability, with significant improvements in recent years, suggesting enhanced operational efficiency and profitability.