Ecolab Inc (ECL)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 2,802,400 | 1,992,300 | 788,800 | 892,000 | 818,500 |
Revenue | US$ in thousands | 15,741,400 | 15,320,200 | 14,187,800 | 12,733,100 | 11,790,200 |
Operating profit margin | 17.80% | 13.00% | 5.56% | 7.01% | 6.94% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,802,400K ÷ $15,741,400K
= 17.80%
Based on the provided data, Ecolab Inc's operating profit margin has shown fluctuation over the years. In December 2020, the operating profit margin stood at 6.94%, which slightly increased to 7.01% by December 2021. However, there was a notable decrease to 5.56% by December 2022.
The company's operating profit margin then saw a significant improvement, reaching 13.00% by December 2023 and further increasing to 17.80% by December 2024. This upward trend indicates that Ecolab Inc has been able to enhance its operational efficiency and profitability in recent years, which is a positive sign for the company's financial health.
Overall, the improving trend in Ecolab Inc's operating profit margin suggests that the company has been effectively managing its operating expenses and generating higher profits from its core business activities. This could be a result of cost control measures, revenue growth, or operational efficiencies implemented by the company.
Peer comparison
Dec 31, 2024