Church & Dwight Company Inc (CHD)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,057,400 | 597,800 | 1,079,100 | 1,029,700 | 840,200 |
| Revenue | US$ in thousands | 5,867,900 | 5,375,600 | 5,190,100 | 4,895,800 | 4,357,700 |
| Operating profit margin | 18.02% | 11.12% | 20.79% | 21.03% | 19.28% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,057,400K ÷ $5,867,900K
= 18.02%
Church & Dwight Co., Inc.'s operating profit margin has fluctuated over the past five years. In 2023, the operating profit margin increased significantly to 18.02% from 11.12% in 2022, but it remains below the levels seen in 2021 (20.79%) and 2020 (21.03%). The company's operating profit margin in 2019 was 19.28%, falling between the margins observed in more recent years. The variation in operating profit margin suggests that the company's ability to generate profit from its core operations has been somewhat inconsistent in recent years. Further analysis of the company's cost management and pricing strategies may help understand the factors driving these fluctuations in operating profit margin.
Peer comparison
Dec 31, 2023