Crane Company (CR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 355,800 | 283,800 | 557,300 | 502,300 | 262,900 |
| Revenue | US$ in thousands | 2,131,200 | 2,086,400 | 3,374,900 | 3,180,000 | 2,936,900 |
| Operating profit margin | 16.69% | 13.60% | 16.51% | 15.80% | 8.95% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $355,800K ÷ $2,131,200K
= 16.69%
The operating profit margin of Crane Company has shown a positive trend over the five-year period from December 31, 2020, to December 31, 2024. Starting at 8.95% in 2020, the margin increased significantly to 16.69% by the end of 2024. This indicates that the company has been able to improve its operational efficiency and generate higher profits from its core business activities over the years. However, there was a slight dip in the margin in 2023 compared to the previous year, possibly due to certain operational challenges or changes in the business environment. Overall, the consistent growth in the operating profit margin reflects positively on Crane Company's ability to manage costs and drive profitability.
Peer comparison
Dec 31, 2024