Cabot Corporation (CBT)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 526,000 | 389,000 | 454,000 | 21,000 | 306,000 |
| Revenue | US$ in thousands | 3,931,000 | 4,321,000 | 3,409,000 | 2,614,000 | 3,337,000 |
| Operating profit margin | 13.38% | 9.00% | 13.32% | 0.80% | 9.17% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $526,000K ÷ $3,931,000K
= 13.38%
The operating profit margin of Cabot Corp. has shown fluctuations over the past five years. In 2023, the operating profit margin was at 13.46%, which is a slight increase from the previous year's margin of 13.24%. This indicates that the company was able to generate profits more efficiently from its core business operations.
Looking back to 2020, the operating profit margin was significantly lower at 5.78%, suggesting a decline in profitability. However, the margin rebounded in 2021 to 13.32% and then decreased again in 2022 to 13.24%.
Overall, the trend in the operating profit margin indicates some variability in the company's ability to generate profits from its operations. It is essential for investors and stakeholders to closely monitor these fluctuations to assess the company's operational efficiency and profitability.
Peer comparison
Sep 30, 2023