Coty Inc (COTY)
Operating profit margin
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 239,100 | 262,000 | 620,200 | 588,700 | 548,400 | 641,000 | 762,300 | 863,900 | 935,300 | 728,900 | 644,000 | 549,700 | 298,000 | 377,200 | 261,600 | 34,600 | -48,600 | -970,900 | -1,228,300 | -1,209,900 |
| Revenue (ttm) | US$ in thousands | 5,892,900 | 6,003,900 | 6,090,400 | 6,148,100 | 6,118,000 | 6,106,200 | 6,009,500 | 5,805,500 | 5,554,100 | 5,370,800 | 5,268,100 | 5,322,700 | 5,304,400 | 5,198,500 | 5,040,100 | 4,877,500 | 4,629,900 | 4,127,900 | 4,628,100 | 5,557,500 |
| Operating profit margin | 4.06% | 4.36% | 10.18% | 9.58% | 8.96% | 10.50% | 12.68% | 14.88% | 16.84% | 13.57% | 12.22% | 10.33% | 5.62% | 7.26% | 5.19% | 0.71% | -1.05% | -23.52% | -26.54% | -21.77% |
June 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $239,100K ÷ $5,892,900K
= 4.06%
The operating profit margin of Coty Inc. has demonstrated significant fluctuation over the observed period. Starting from a negative value of -21.77% as of September 30, 2020, the margin continued to decline, reaching a low of approximately -26.54% at the end of 2020. During the first quarter of 2021, it remained negative at -23.52%, indicating ongoing operating challenges.
A notable turnaround began in the second quarter of 2021, where the operating profit margin approached near-zero levels at -1.05%. This upward momentum continued into the third quarter of 2021, with the margin becoming positive at 0.71%. The improvement persisted through the end of 2021, culminating in a reported operating profit margin of 5.19% as of December 31, 2021, and further increased in 2022 to 7.26% in the first quarter, then maintaining around 5.62% in the second quarter and 10.33% in the third quarter.
Throughout 2022, the margin showed consistent growth, reaching a peak of 12.22% at the end of the year. In 2023, the trend of margin expansion continued, with figures at 13.57% in the first quarter, 16.84% in the second quarter, and a record high of 14.88% in the third quarter. The margin then slightly declined to 12.68% at the end of 2023. In the first half of 2024, the margin fluctuated but remained relatively strong, recorded at 10.50% during March and 8.96% in June, before increasing again to 9.58% in September and 10.18% at the end of December 2024.
Moving into 2025, the operating profit margin experienced a decline, registering at 4.36% in the first quarter and slightly decreasing to 4.06% in the second quarter, indicative of potential margin compression or increased operational costs during that period.
Overall, the data reflects a significant recovery and improvement in operational profitability from substantial losses in 2020 and early 2021 to sustained positive margins in subsequent periods. The upward trend suggests effective operational management and strategic initiatives contributing to margin expansion, though recent data indicates some degree of margin contraction in early 2025.
Peer comparison
Jun 30, 2025