Entegris Inc (ENTG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 533,922 | 499,158 | 479,981 | 551,768 | 395,445 |
| Revenue | US$ in thousands | 3,241,210 | 3,523,930 | 3,282,030 | 2,298,890 | 1,859,310 |
| Operating profit margin | 16.47% | 14.16% | 14.62% | 24.00% | 21.27% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $533,922K ÷ $3,241,210K
= 16.47%
Entegris Inc has shown a fluctuating trend in its operating profit margin over the years, as indicated in the data provided. The operating profit margin was 21.27% on December 31, 2020, indicating that the company generated $0.21 in operating profit for every dollar of sales.
The margin increased to 24.00% by December 31, 2021, suggesting improved efficiency in managing operating expenses relative to revenue. However, there was a noticeable decline in the operating profit margin to 14.62% by December 31, 2022, and a slight decrease further to 14.16% by December 31, 2023.
It's important to note that the operating profit margin measures the company's ability to generate profit from its core operations, and the decreasing trend in 2022 and 2023 could indicate challenges in controlling operating expenses relative to sales.
The trend changed in 2024 when the operating profit margin increased to 16.47%, showing some recovery in profitability. Entegris Inc may need to focus on cost management and operational efficiency to sustain or improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024