ESAB Corp (ESAB)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 447,450 | 404,166 | 329,065 | 306,214 | 202,126 |
| Revenue | US$ in thousands | 2,740,800 | 2,774,770 | 2,593,480 | 2,428,120 | 1,950,070 |
| Operating profit margin | 16.33% | 14.57% | 12.69% | 12.61% | 10.37% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $447,450K ÷ $2,740,800K
= 16.33%
ESAB Corp's operating profit margin has shown a positive trend over the past five years, increasing steadily from 10.37% in December 2020 to 16.33% by December 2024. This indicates that the company has been able to effectively control its operating expenses in relation to its sales revenue, leading to improved profitability over time. The consistent growth in operating profit margin reflects ESAB Corp's ability to efficiently manage its operations and enhance its overall financial performance.
Peer comparison
Dec 31, 2024