Emerson Electric Company (EMR)
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 | 118,000 | 1,129,000 | 1,434,000 | 1,442,000 | 1,524,000 | 1,755,000 | 1,434,000 | 1,392,000 | 1,309,000 | 1,122,000 | 1,008,000 | 802,000 | 773,000 | 497,000 | 743,000 | 878,000 | 771,000 | 1,039,000 | 976,000 | 1,080,000 |
| Revenue (ttm) | US$ in thousands | 15,827,000 | 15,124,000 | 16,394,000 | 17,488,000 | 18,549,000 | 19,642,000 | 19,229,000 | 18,908,000 | 18,579,000 | 18,267,000 | 17,878,000 | 17,095,000 | 16,795,000 | 16,785,000 | 17,198,000 | 17,968,000 | 18,376,000 | 18,372,000 | 18,289,000 | 18,061,000 |
| Operating profit margin | 0.75% | 7.46% | 8.75% | 8.25% | 8.22% | 8.93% | 7.46% | 7.36% | 7.05% | 6.14% | 5.64% | 4.69% | 4.60% | 2.96% | 4.32% | 4.89% | 4.20% | 5.66% | 5.34% | 5.98% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $118,000K ÷ $15,827,000K
= 0.75%
Emerson Electric Co.'s operating profit margin has shown fluctuations over the past eight quarters. In Q1 2024, the operating profit margin was at 15.71%, which was a decrease from the previous quarter (Q4 2023) when it stood at 17.03%. Despite the decrease in Q1 2024, the operating profit margin remains relatively strong compared to some earlier quarters.
Looking at the trend over the past eight quarters, Emerson Electric Co. experienced a peak in operating profit margin in Q3 2023 at 18.45%, followed by a slight decrease in Q4 2023 to 17.03%. The company's operating profit margin has generally been above 17% for the majority of the quarters, indicating efficient cost management and profitability levels.
It is essential for the company to monitor and analyze the factors contributing to these fluctuations in the operating profit margin to ensure sustained financial health and profitability. Further in-depth analysis of the company's cost structure, sales trends, and overall operating efficiency could provide insights into these fluctuations and help in making informed decisions to optimize profitability in the future.
Peer comparison
Dec 31, 2023
See also:
Emerson Electric Company Operating Profit Margin (Quarterly Data)