Dorman Products Inc (DORM)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 292,909 214,760 127,106 171,551 101,066
Revenue US$ in thousands 2,009,200 1,929,790 1,733,750 1,345,250 1,092,750
Operating profit margin 14.58% 11.13% 7.33% 12.75% 9.25%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $292,909K ÷ $2,009,200K
= 14.58%

Based on the data provided, Dorman Products Inc's operating profit margin has exhibited some fluctuations over the past five years. The operating profit margin was 9.25% as of December 31, 2020, increased to 12.75% by December 31, 2021, but then decreased to 7.33% by December 31, 2022.

However, there was a subsequent improvement in the operating profit margin as it rose to 11.13% by December 31, 2023, and further increased to 14.58% by December 31, 2024.

The overall trend indicates variability in Dorman Products Inc's operating profit margin performance over the years, with both positive and negative fluctuations. It is essential for stakeholders to monitor these fluctuations closely to understand the factors driving the changes in the company's operating profitability.