Carter’s Inc (CRI)

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	323,405	296,891	295,044	332,901	379,170	407,594	440,042	472,206	497,079	492,975	482,471	395,843	189,869	218,770	189,113	232,635	371,872	379,702	399,389	391,883
Revenue (ttm)	US$ in thousands	2,921,271	2,974,223	3,000,099	3,080,086	3,150,547	3,294,716	3,361,194	3,420,196	3,425,819	3,353,810	3,345,468	3,133,951	2,993,623	3,120,152	3,196,123	3,409,921	3,519,290	3,503,790	3,484,678	3,447,489
Operating profit margin		11.07%	9.98%	9.83%	10.81%	12.04%	12.37%	13.09%	13.81%	14.51%	14.70%	14.42%	12.63%	6.34%	7.01%	5.92%	6.82%	10.57%	10.84%	11.46%	11.37%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $323,405K ÷ $2,921,271K
= 11.07%

The operating profit margin of Carter’s Inc has displayed fluctuations over the past 20 quarters. The margin peaked at 14.70% in Sep 30, 2021, and has been on a general decline since then, reaching a low of 5.92% in Jun 30, 2020. However, there have been periods of recovery and volatility in between. The margin has shown some recovery in the most recent quarter, Dec 31, 2023, standing at 11.07%. Overall, the operating profit margin trend indicates fluctuations and variability in the company's ability to generate profit from its core operations over the analyzed period.