Emerson Electric Company (EMR)
Operating profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -316,000 | -675,000 | -530,000 | 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 |
| Revenue (ttm) | US$ in thousands | 17,393,000 | 16,864,000 | 16,417,000 | 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 |
| Operating profit margin | -1.82% | -4.00% | -3.23% | 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% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-316,000K ÷ $17,393,000K
= -1.82%
Emerson Electric Company's operating profit margin has shown some fluctuation over the past several quarters. The operating profit margin was negative in the most recent quarter, indicating that the company's operating expenses exceeded its operating revenue. This could be a cause for concern as it may suggest inefficiencies or difficulties in managing costs.
Looking at historical trends, the operating profit margin has generally been positive, with peaks observed in the range of 7% to 9%. However, there has been a slight downward trend in the operating profit margin over the past few quarters, with a decline from 8.93% in September 2022 to -1.82% in September 2024.
These fluctuations in the operating profit margin could be a result of various factors such as changes in sales volumes, pricing strategies, cost structures, or macroeconomic conditions. It would be important for Emerson Electric Company to closely monitor and analyze the underlying drivers of these fluctuations to address any issues and improve overall profitability in the future.
Peer comparison
Sep 30, 2024
See also:
Emerson Electric Company Operating Profit Margin (Quarterly Data)