BorgWarner Inc (BWA)

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	1,276,000	1,625,000	1,618,000	1,507,000	1,519,000	1,067,000	1,055,000	1,100,000	1,151,000	1,187,000	1,218,000	823,000	618,000	882,000	874,000	1,237,000	1,303,000	1,091,000	1,093,000	1,121,000
Revenue (ttm)	US$ in thousands	15,825,000	16,484,000	16,848,000	16,082,000	15,805,000	15,319,000	14,706,000	14,749,000	14,878,000	15,140,000	14,258,000	11,904,000	10,171,000	8,803,000	8,757,000	9,881,000	10,168,000	10,183,000	10,169,000	10,312,000
Operating profit margin		8.06%	9.86%	9.60%	9.37%	9.61%	6.97%	7.17%	7.46%	7.74%	7.84%	8.54%	6.91%	6.08%	10.02%	9.98%	12.52%	12.81%	10.71%	10.75%	10.87%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,276,000K ÷ $15,825,000K
= 8.06%

BorgWarner Inc's operating profit margin has been relatively stable over the past eight quarters, fluctuating between 8.41% and 9.62%. The highest operating profit margin was recorded in Q2 2023 at 9.62%, while the lowest was in Q3 2022 at 8.41%. Overall, the company has maintained a healthy operating profit margin, indicating efficient cost management and good operational performance. The slight variations in the operating profit margin suggest that BorgWarner Inc has been able to adapt to changing market conditions while remaining profitable.