Crown Holdings Inc (CCK)
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 | 1,269,000 | 1,239,000 | 1,162,000 | 1,261,000 | 1,336,000 | 1,410,000 | 1,461,000 | 1,380,000 | 1,363,000 | 1,397,000 | 1,364,000 | 1,187,000 | 1,106,000 | 968,000 | 1,005,000 | 1,180,000 | 1,196,000 | 1,215,000 | 1,228,000 | 1,137,000 |
| Revenue (ttm) | US$ in thousands | 11,532,000 | 11,716,000 | 11,928,000 | 12,382,000 | 12,632,000 | 12,492,000 | 12,255,000 | 11,672,000 | 11,632,000 | 11,816,000 | 11,385,000 | 10,666,000 | 10,345,000 | 10,174,000 | 10,769,000 | 11,667,000 | 11,665,000 | 11,608,000 | 11,698,000 | 11,709,000 |
| Operating profit margin | 11.00% | 10.58% | 9.74% | 10.18% | 10.58% | 11.29% | 11.92% | 11.82% | 11.72% | 11.82% | 11.98% | 11.13% | 10.69% | 9.51% | 9.33% | 10.11% | 10.25% | 10.47% | 10.50% | 9.71% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,269,000K ÷ $11,532,000K
= 11.00%
The operating profit margin of Crown Holdings, Inc. has exhibited fluctuations over the past eight quarters, ranging between 9.57% to 11.52%. In Q4 2023, the operating profit margin was at its highest point of 11.52%, showing a slight improvement compared to the previous quarter. However, it is important to note that the operating profit margin had been relatively stable in the range of 9.57% to 10.97% in the preceding quarters of 2022. This indicates that the company has been able to maintain a consistent level of profitability relative to its operating expenses. Further analysis would be required to determine the specific factors driving these fluctuations in the operating profit margin and to assess the overall financial health and efficiency of Crown Holdings, Inc.
Peer comparison
Dec 31, 2023