Enerpac Tool Group Corp (EPAC)
Operating profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 121,587 | 83,922 | 30,660 | 51,113 | 24,181 |
| Revenue | US$ in thousands | 589,510 | 598,204 | 571,223 | 528,660 | 493,292 |
| Operating profit margin | 20.63% | 14.03% | 5.37% | 9.67% | 4.90% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $121,587K ÷ $589,510K
= 20.63%
Enerpac Tool Group Corp has exhibited fluctuating operating profit margins over the past five years. The company's operating profit margin improved significantly in 2024, reaching 20.63%, compared to 14.03% in 2023. This indicates a positive trend in the company's ability to generate profits from its core operations. In 2022, the operating profit margin was relatively lower at 5.37%, but it showed an increase in 2021 to 9.67%. The lowest operating profit margin was recorded in 2020 at 4.90%.
Overall, the increasing trend in operating profit margins from 2020 to 2024 suggests that Enerpac Tool Group Corp has been able to improve its operational efficiency and profitability over the years. This could be attributed to better cost management, revenue growth, or other operational improvements that have positively impacted the company's bottom line.
Peer comparison
Aug 31, 2024