Chemours Co (CC)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 457,000 | -92,000 | 913,000 | 888,000 | 509,000 |
Revenue | US$ in thousands | 5,782,000 | 6,027,000 | 6,794,000 | 6,345,000 | 4,969,000 |
Operating profit margin | 7.90% | -1.53% | 13.44% | 14.00% | 10.24% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $457,000K ÷ $5,782,000K
= 7.90%
The operating profit margin of Chemours Co has displayed fluctuations over the past five years.
- In December 31, 2020, the operating profit margin stood at 10.24%, indicating that the company was generating $0.10 of operating profit for every dollar of sales.
- By December 31, 2021, the operating profit margin improved to 14.00%, reflecting better operational efficiency and cost management.
- Although there was a slight decrease to 13.44% by December 31, 2022, the company still maintained a healthy margin.
- The operating profit margin took a downturn by December 31, 2023, dropping to -1.53%, suggesting that operating expenses exceeded the gross profit earned during that period.
- However, there was a recovery by December 31, 2024, with the operating profit margin increasing to 7.90%, albeit still below the levels seen in the earlier years.
Overall, it is essential for Chemours Co to closely monitor its operating profit margin to ensure sustainable profitability and efficient operational performance in the future.
Peer comparison
Dec 31, 2024