Dow Inc (DOW)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	479,000	2,935,000	6,559,000	2,749,000	4,215,000
Revenue	US$ in thousands	44,622,000	56,902,000	54,968,000	38,542,000	42,951,000
Operating profit margin		1.07%	5.16%	11.93%	7.13%	9.81%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $479,000K ÷ $44,622,000K
= 1.07%

To analyze Dow Inc's operating profit margin, we can observe a downward trend over the past five years. The operating profit margin decreased from 8.20% in 2019 to 4.71% in 2023. This trend suggests a decrease in the company's ability to control operating expenses in relation to its revenue. It is important for Dow Inc to closely monitor and manage its operating costs to improve its operating profit margin and overall financial performance.