Eastman Chemical Company (EMN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,304,000 | 1,096,000 | 1,254,000 | 1,880,000 | 968,000 |
| Revenue | US$ in thousands | 9,382,000 | 9,210,000 | 10,580,000 | 10,476,000 | 8,473,000 |
| Operating profit margin | 13.90% | 11.90% | 11.85% | 17.95% | 11.42% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,304,000K ÷ $9,382,000K
= 13.90%
From the data provided, Eastman Chemical Company's operating profit margin has shown fluctuations over the years. The company's operating profit margin was 11.42% as of December 31, 2020, indicating that for every dollar of sales, the company generated $0.1142 in operating profit.
There was a notable increase in the operating profit margin to 17.95% as of December 31, 2021, suggesting improved operational efficiency and cost management. However, this trend was not sustained as the margin decreased to 11.85% by December 31, 2022, and remained relatively consistent at around 11.90% by December 31, 2023.
The operating profit margin experienced a significant uptick to 13.90% as of December 31, 2024, indicating a potential improvement in the company's ability to control costs and generate profits from its operations.
Overall, while there have been fluctuations in Eastman Chemical Company's operating profit margin in recent years, the company has managed to maintain a reasonable level of profitability relative to its sales revenue. It would be important to continue monitoring these margins to ensure sustained profitability and efficiency in the company's operations.
Peer comparison
Dec 31, 2024