Curtiss-Wright Corporation (CW)
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 | 484,602 | 481,154 | 456,218 | 441,548 | 423,443 | 371,563 | 361,649 | 358,127 | 382,683 | 353,798 | 340,702 | 301,468 | 288,848 | 333,022 | 354,018 | 404,354 | 403,953 | 393,304 | 384,782 | 381,173 |
| Revenue (ttm) | US$ in thousands | 3,458,362 | 3,374,952 | 3,281,168 | 3,186,129 | 3,114,730 | 3,042,690 | 3,032,767 | 3,044,905 | 3,082,503 | 2,507,617 | 2,458,612 | 2,387,164 | 2,391,336 | 2,378,663 | 2,421,929 | 2,510,878 | 2,487,961 | 2,480,812 | 2,461,325 | 2,442,627 |
| Operating profit margin | 14.01% | 14.26% | 13.90% | 13.86% | 13.59% | 12.21% | 11.92% | 11.76% | 12.41% | 14.11% | 13.86% | 12.63% | 12.08% | 14.00% | 14.62% | 16.10% | 16.24% | 15.85% | 15.63% | 15.61% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $484,602K ÷ $3,458,362K
= 14.01%
Curtiss-Wright Corp. has shown relatively stable operating profit margins over the past eight quarters, ranging from 15.47% to 17.08%. The company's operating profit margin peaked at 17.08% in Q3 2023 and has remained above 16% in the most recent quarters. This indicates that the company has been effectively managing its operating expenses to generate profits from its core operations. Overall, Curtiss-Wright Corp. has maintained a healthy level of profitability as evidenced by its consistent operating profit margin performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating profit margin
Curtiss-Wright Corporation
CW
14.01%
Eaton Corporation PLC
ETN
14.47%
Enerpac Tool Group Corp
EPAC
19.39%