Enersys (ENS)
Operating profit margin
| 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 | Jul 5, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 351,570 | 366,089 | 352,022 | 317,677 | 278,361 | 227,420 | 200,055 | 195,480 | 206,251 | 213,428 | 218,334 | 224,055 | 216,375 | 184,771 | 171,784 | 175,079 | 190,195 | 205,108 | 211,975 | 216,622 |
| Revenue (ttm) | US$ in thousands | 3,536,980 | 3,605,448 | 3,658,343 | 3,653,503 | 3,648,354 | 3,578,556 | 3,510,093 | 3,407,939 | 3,326,085 | 3,235,399 | 3,152,204 | 3,078,784 | 2,977,932 | 2,217,492 | 1,525,258 | 868,646 | 216,125 | 206,658 | 194,210 | 193,402 |
| Operating profit margin | 9.94% | 10.15% | 9.62% | 8.70% | 7.63% | 6.36% | 5.70% | 5.74% | 6.20% | 6.60% | 6.93% | 7.28% | 7.27% | 8.33% | 11.26% | 20.16% | 88.00% | 99.25% | 109.15% | 112.01% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $351,570K ÷ $3,536,980K
= 9.94%
Enersys' operating profit margin has displayed fluctuations over the past several quarters. The trend indicates that the operating profit margin has generally been on an upward trajectory from the third quarter of 2020 through the first quarter of 2023, showing a steady improvement. However, from the second quarter of 2023 onwards, there has been a slight decline in the operating profit margin.
The operating profit margin ranged from as low as 5.70% in the third quarter of 2022 to as high as 11.26% in the first quarter of 2021. Notably, there were significant peaks in the operating profit margin, particularly in the second quarter of 2020 and July 5, 2020, where it reached exceptionally high levels of 20.16% and 88.00%, respectively. These exceptional values point towards potential anomalies or specific events affecting the profitability during those periods.
Overall, Enersys' operating profit margin has shown some volatility and divergences from quarter to quarter, reflecting changes in the company's cost structure, pricing strategy, and efficiency of operations. Further analysis of the company's financial and operational performance is necessary to understand the underlying factors contributing to these fluctuations in the operating profit margin.
Peer comparison
Mar 31, 2024