Bruker Corporation (BRKR)

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	436,900	464,400	471,200	458,900	432,700	427,100	409,000	420,700	413,300	400,700	368,700	321,000	248,300	253,200	259,800	275,400	300,900	289,600	270,900	266,200
Revenue (ttm)	US$ in thousands	2,964,500	2,818,400	2,714,500	2,621,000	2,530,700	2,505,800	2,475,800	2,458,200	2,417,900	2,361,900	2,264,400	2,118,200	1,987,500	1,959,900	1,969,600	2,035,200	2,072,600	2,026,300	1,971,800	1,925,300
Operating profit margin		14.74%	16.48%	17.36%	17.51%	17.10%	17.04%	16.52%	17.11%	17.09%	16.97%	16.28%	15.15%	12.49%	12.92%	13.19%	13.53%	14.52%	14.29%	13.74%	13.83%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $436,900K ÷ $2,964,500K
= 14.74%

Analyzing Bruker Corp's operating profit margin over the past eight quarters reveals a consistent trend of stability and strength. The operating profit margin has remained relatively steady, ranging from a high of 18.53% in Q1 2023 to a low of 16.32% in Q4 2023. This indicates the company's ability to efficiently control its operating expenses and generate profits from its core business activities.

Overall, Bruker Corp has maintained a healthy operating profit margin above 16% in each quarter, demonstrating operational efficiency and effective cost management. This stable margin signifies the company's ability to sustain profitability even in varying market conditions. Keeping a close watch on any fluctuations in this metric will be essential to track the company's financial performance and management effectiveness in the future.