EMCOR Group Inc (EME)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 875,756 | 763,742 | 678,853 | 619,830 | 564,877 | 530,712 | 518,039 | 513,753 | 530,800 | 525,405 | 523,839 | 267,843 | 256,834 | 242,086 | 221,980 | 464,577 | 460,892 | 451,665 | 447,692 | 427,389 |
| Revenue (ttm) | US$ in thousands | 12,582,870 | 12,093,470 | 11,712,230 | 11,374,000 | 11,076,120 | 10,766,490 | 10,461,800 | 10,192,080 | 9,903,580 | 9,544,880 | 9,224,920 | 8,801,270 | 8,797,050 | 8,919,500 | 9,005,530 | 9,315,710 | 9,174,610 | 8,999,980 | 8,759,290 | 8,388,980 |
| Operating profit margin | 6.96% | 6.32% | 5.80% | 5.45% | 5.10% | 4.93% | 4.95% | 5.04% | 5.36% | 5.50% | 5.68% | 3.04% | 2.92% | 2.71% | 2.46% | 4.99% | 5.02% | 5.02% | 5.11% | 5.09% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $875,756K ÷ $12,582,870K
= 6.96%
Emcor Group, Inc.'s operating profit margin has shown a consistent upward trend over the past few quarters. The operating profit margin increased from 5.10% in Q4 2022 to 6.98% in Q4 2023, indicating an improvement in the company's operational efficiency and profitability.
Emcor's operating profit margin continued to rise in subsequent quarters, reaching 6.33% in Q3 2023 and 5.80% in Q2 2023. This upward trend suggests that the company has been effectively managing its operating expenses and generating more profit from its core business activities.
Although there was a slight dip to 5.45% in Q1 2023, the operating profit margin remained above 5% throughout the period under review. This consistent performance demonstrates Emcor's ability to maintain a healthy level of profitability relative to its revenue.
Overall, the increasing trend in Emcor Group, Inc.'s operating profit margin signals positive operational growth and financial performance, reflecting the company's efficient cost management and strong performance in delivering value to its stakeholders.
Peer comparison
Dec 31, 2023