Columbia Sportswear Company (COLM)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	256,187	250,233	272,246	309,750	328,577	423,814	434,521	437,065	464,304	449,268	437,468	463,690	450,504	362,629	314,811	209,516	137,049	151,989	218,361	305,026
Revenue (ttm)	US$ in thousands	3,368,926	3,332,326	3,386,241	3,436,870	3,487,199	3,596,729	3,566,105	3,523,235	3,464,152	3,424,352	3,273,999	3,262,306	3,126,402	2,912,305	2,808,691	2,558,932	2,501,554	2,540,798	2,746,499	2,956,098
Operating profit margin		7.60%	7.51%	8.04%	9.01%	9.42%	11.78%	12.18%	12.41%	13.40%	13.12%	13.36%	14.21%	14.41%	12.45%	11.21%	8.19%	5.48%	5.98%	7.95%	10.32%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $256,187K ÷ $3,368,926K
= 7.60%

The operating profit margin of Columbia Sportswear Company has shown some fluctuations over the past few years. Starting at 10.32% on March 31, 2020, the margin decreased to 7.95% by June 30, 2020. This downward trend continued as the margin fell to 5.98% by September 30, 2020, and further dropped to 5.48% by December 31, 2020.

However, from the first quarter of 2021 onwards, there was a notable improvement in the operating profit margin. It increased to 8.19% by March 31, 2021, and continued to rise steadily to reach 14.41% by December 31, 2021. This positive trend continued into the first half of 2022, with the margin peaking at 14.21% on March 31, 2022.

Subsequently, there was a slight decline in the operating profit margin, with fluctuations between 13.36% and 7.51% from June 30, 2022, to September 30, 2024. The margin then stabilized around 7.60% by the end of December 31, 2024.

Overall, the operating profit margin of Columbia Sportswear Company has experienced periods of both growth and decline. It is important for stakeholders to monitor these fluctuations to assess the company's efficiency in generating profits from its core operations.