Dow Inc (DOW)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -39,000 | 781,000 | 847,000 | 1,017,000 | 479,000 | -732,000 | -71,000 | 1,098,000 | 2,930,000 | 5,023,000 | 6,780,000 | 7,200,000 | 6,588,000 | 6,648,000 | 3,537,000 | 1,154,000 | 867,000 | -2,080,000 | -1,177,000 | -611,000 |
| Revenue (ttm) | US$ in thousands | 42,964,000 | 43,180,000 | 43,031,000 | 43,536,000 | 44,622,000 | 45,860,000 | 49,245,000 | 53,489,000 | 56,902,000 | 59,407,000 | 60,129,000 | 58,350,000 | 54,968,000 | 51,310,000 | 46,185,000 | 40,654,000 | 38,542,000 | 38,040,000 | 39,092,000 | 41,752,000 |
| Operating profit margin | -0.09% | 1.81% | 1.97% | 2.34% | 1.07% | -1.60% | -0.14% | 2.05% | 5.15% | 8.46% | 11.28% | 12.34% | 11.99% | 12.96% | 7.66% | 2.84% | 2.25% | -5.47% | -3.01% | -1.46% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-39,000K ÷ $42,964,000K
= -0.09%
Dow Inc's operating profit margin has shown varying trends over the periods from March 31, 2020, to December 31, 2024. The company experienced negative operating profit margins in the early quarters of the observation period, indicating challenges in generating profits from its core operations. However, starting from December 31, 2020, the operating profit margin turned positive, with a notable increase by the end of March 31, 2021.
The improvement continued into the following quarters, reaching a peak of 12.96% on September 30, 2021. This significant increase may suggest enhanced efficiency in managing costs and optimizing revenue streams. Subsequently, the operating profit margin fluctuated between 5.15% and 2.05% until March 31, 2023, indicating some volatility in the company's profitability.
However, in the latter part of the observation period, Dow Inc experienced a decline in its operating profit margin, dropping to -1.60% by September 30, 2023, before slightly recovering to 1.07% by December 31, 2023. The trend continued to be relatively muted with fluctuations around the 2-3% range until December 31, 2024, when it decreased to -0.09%.
Overall, the analysis suggests that while Dow Inc has shown improvements in its operating profit margin, there have been periods of volatility and decline, indicating the need for continued monitoring and strategic management of operational efficiency and profitability.
Peer comparison
Dec 31, 2024