Dana Inc (DAN)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 316,000 | 86,000 | 395,000 | 124,000 | 292,000 |
| Revenue | US$ in thousands | 10,387,000 | 10,032,000 | 8,787,000 | 6,968,000 | 8,478,000 |
| Operating profit margin | 3.04% | 0.86% | 4.50% | 1.78% | 3.44% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $316,000K ÷ $10,387,000K
= 3.04%
The operating profit margin of Dana Inc has fluctuated over the past five years. In 2023, the operating profit margin increased to 3.20% from the previous year's 2.50%, indicating a slightly improved operational efficiency. However, when compared to the levels seen in 2021 and 2019, the operating profit margin remains relatively lower. The company experienced a peak in operating profit margin in 2019 at 7.09%, which has since declined. Overall, Dana Inc's operating profit margin has shown variability in recent years, suggesting potential fluctuations in profitability and operational performance.
Peer comparison
Dec 31, 2023