Everus Construction Group Inc (ECG)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | 180,177 | 164,644 | 145,754 |
| Revenue | US$ in thousands | 2,854,390 | 2,699,250 | 2,051,640 |
| Operating profit margin | 6.31% | 6.10% | 7.10% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $180,177K ÷ $2,854,390K
= 6.31%
The operating profit margin of Everus Construction Group Inc has shown fluctuations over the past three years. In 2021, the company's operating profit margin was at its highest, standing at 7.10%. However, in 2022, there was a slight decrease to 6.10%. The margin experienced a slight improvement in 2023, reaching 6.31%.
Overall, the operating profit margin trend indicates that the company was able to maintain relatively stable profitability levels, with a minor decrease in 2022 followed by a slight recovery in 2023. This suggests that Everus Construction Group Inc has been effectively managing its operating costs and generating profits from its core business activities, although there may be room for further enhancement in operational efficiency to strengthen profitability in the long term.
Peer comparison
Dec 31, 2023