Dick’s Sporting Goods Inc (DKS)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,282,360 | 1,463,020 | 2,034,500 | 741,477 | 375,613 |
| Revenue | US$ in thousands | 13,017,800 | 12,284,800 | 12,247,100 | 9,545,990 | 8,772,600 |
| Operating profit margin | 9.85% | 11.91% | 16.61% | 7.77% | 4.28% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,282,360K ÷ $13,017,800K
= 9.85%
Operating profit margin measures the percentage of revenue that turns into profit before interest, taxes, and other expenses are deducted. Over the past five years, Dick’s Sporting Goods Inc has shown variability in its operating profit margin. In the most recent fiscal year, ending on February 3, 2024, the company reported an operating profit margin of 9.85%, which represents a decrease compared to the previous year's margin of 11.91%. Despite the drop, the company's operating profit margin in 2024 remains above the levels reported in 2020 and 2021, indicating improved profitability. However, it is noteworthy that the operating profit margin was significantly higher in 2022 at 16.61%, making it the most profitable year within the period analyzed. This variation in operating profit margin signifies fluctuations in cost management, revenue generation, and operational efficiencies within Dick’s Sporting Goods Inc.
Peer comparison
Feb 3, 2024