Enerpac Tool Group Corp (EPAC)
Operating profit margin
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 115,824 | 100,275 | 83,922 | 64,846 | 46,050 | 36,562 | 30,660 | 31,123 | 47,227 | 48,450 | 51,112 | 40,766 | 16,021 | 18,881 | 24,181 | 26,388 | 66,565 | 70,437 | 47,514 | 35,101 |
| Revenue (ttm) | US$ in thousands | 597,269 | 600,792 | 598,204 | 589,423 | 585,064 | 579,703 | 571,224 | 564,823 | 556,078 | 540,133 | 528,660 | 494,586 | 453,316 | 466,048 | 493,292 | 540,262 | 616,478 | 642,880 | 654,757 | 797,829 |
| Operating profit margin | 19.39% | 16.69% | 14.03% | 11.00% | 7.87% | 6.31% | 5.37% | 5.51% | 8.49% | 8.97% | 9.67% | 8.24% | 3.53% | 4.05% | 4.90% | 4.88% | 10.80% | 10.96% | 7.26% | 4.40% |
February 29, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $115,824K ÷ $597,269K
= 19.39%
Enerpac Tool Group Corp's operating profit margin has shown a steady improvement over the past few quarters, indicating a positive trend in the company's operational efficiency and profitability. The operating profit margin has increased from 4.40% in the fourth quarter of 2019 to 19.39% in the first quarter of 2024, reflecting a notable improvement in the company's ability to generate profits from its core business operations.
This upward trend suggests that Enerpac Tool Group Corp has been effectively managing its operating expenses relative to its revenue, leading to higher profitability levels. The company has been able to enhance its operating efficiency, control costs, and potentially increase pricing power, all contributing to the improved profit margins observed.
The progressive growth in operating profit margin is a positive indicator of the company's financial health and management effectiveness. Continued focus on cost management, revenue growth strategies, and operational excellence will be crucial for Enerpac Tool Group Corp to sustain and further enhance its profitability in the future.
Peer comparison
Feb 29, 2024