Darling Ingredients Inc (DAR)
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 | 949,726 | 1,040,124 | 1,130,086 | 1,052,014 | 1,029,068 | 990,880 | 928,212 | 917,858 | 884,470 | 747,796 | 669,588 | 507,618 | 430,936 | 649,859 | 582,263 | 550,099 | 475,821 | 256,272 | 211,969 | 174,599 |
| Revenue (ttm) | US$ in thousands | 6,537,880 | 6,817,070 | 6,938,130 | 6,823,800 | 6,402,280 | 6,008,080 | 5,446,680 | 4,998,880 | 4,679,450 | 4,377,748 | 4,041,368 | 3,690,927 | 3,499,347 | 3,409,387 | 3,402,572 | 3,369,843 | 3,349,524 | 3,343,226 | 3,314,219 | 3,303,513 |
| Operating profit margin | 14.53% | 15.26% | 16.29% | 15.42% | 16.07% | 16.49% | 17.04% | 18.36% | 18.90% | 17.08% | 16.57% | 13.75% | 12.31% | 19.06% | 17.11% | 16.32% | 14.21% | 7.67% | 6.40% | 5.29% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $949,726K ÷ $6,537,880K
= 14.53%
The operating profit margin of Darling Ingredients Inc has shown some fluctuations over the periods analyzed. The margin ranged from a low of 5.29% in March 2019 to a high of 19.06% in September 2020. Overall, the trend indicates that the company has been able to maintain relatively healthy operating profit margins, with some variability. It is important to note that a higher operating profit margin indicates that the company is able to efficiently control its operating expenses relative to its revenue, leading to healthier profitability. Further analysis into the factors driving these fluctuations would provide additional insight into the company's operational efficiency and profitability trends.
Peer comparison
Dec 31, 2023